FACT SHEET: Biden-⁠Harris Administration Announces Innovation Engines Awards, Catalyzing More Than $530 Million to Boost Economic Growth and Innovation in Communities Across America

  Today, the White House announced 10 U.S. regions that are emerging as innovation ecosystems and receiving over $530 million of investment catalyzed by the U.S. National Science Foundation’s (NSF) Regional Innovation Engines program. The Biden-Harris Administration is awarding the 10 NSF Regional Innovation Engines $150 million ($15 million each) in federal investment, with over $365 million in matched contributions from non-federal partners. Over the next decade, these 10 NSF Regional Innovation Engines will be eligible to receive upwards of $2 billion, with a goal of stimulating economic growth across a range of sectors, including semiconductor manufacturing, clean energy, sustainable textiles, climate-resilient agriculture, regenerative medicine, and more. The NSF Regional Innovation Engines program was authorized by the bipartisan CHIPS and Science Act – signed into law by President Biden in August 2022 – and is part of the President’s Bidenomics agenda to grow the economy from the middle out and bottom up.

The 10 NSF Regional Innovation Engines will build on regions’ scientific and technological strengths to build new industries and workforces, creating more possibilities for Americans to participate in the 21st-century economy without having to leave their communities. The NSF Regional Innovation Engines bring together private industry, venture capital, state and local governments, institutions of higher education including community colleges and technical schools, labor unions, Tribal communities and nonprofit organizations to transform their communities and regions over the next decade. This program is critical to the President’s economic vision of supporting regional economies, bringing communities together to tackle economic and science challenges, and bolstering industries of the future.

FACT SHEET: Biden-Harris Administration Announces Innovation Engines Awards, Catalyzing More Than $530 Million to Boost Economic Growth and Innovation in Communities Across America | The White House