HELENA, Mont.—The Headwaters Technology Hub (HTH), a broad regional consortium of private, public, and academic partners submitted a Phase II application for Hub implementation on February 29th. The Montana application is in response to the U.S. Department of Commerce and Economic Development Administration’s Regional Technology and Innovation Hubs competition, established as a result of the CHIPS and Science Act of 2022. Montana was one of 31 regions nationwide to be designated a Regional Tech Hub and was awarded a $500,000 planning grant in October 2023. Funds for the current competition come from the $500 million FY2023 Congressional appropriation to launch the program.
The HTH is seeking $75 million in federal funding, leveraging private and state investment to advance technologies in photonics-based sensing and autonomous systems. Montana is a global innovation leader in these technologies and securing additional U.S. federal government investment will help the region’s tech sector develop additional commercial applications in agriculture, critical resource management, construction, and national defense.
Last modified: March 1, 2024
