Baltimore Region Named Federal Tech Hub to Advance AI, BioTech

Through the US Department of Commerce’s Economic Development Administration (EDA), the Biden-Harris administration designated the Baltimore region — which includes Baltimore City and Anne Arundel, Baltimore, Harford, Howard, Carroll, Cecil, and Queen Anne’s counties — as one of  31 Tech Hubs in regions across the country.

The Baltimore Tech Hub consortium, led by the Greater Baltimore Committee (GBC), and the select group of tech hubs nationwide will be eligible to compete for a piece of the $10 billion over five years authorized by Congress as part of the CHIPS and Science Act of 2022 for this unique program, of which $500 million so far has been appropriated for its inaugural round of awards.

The Tech Hubs program is an economic development initiative designed to drive regional innovation and job creation by strengthening a region’s capacity to manufacture, commercialize, and deploy technology that will advance American competitiveness. The GBC estimates the designation will generate $4.2 billion in economic impact and 52,000 jobs by 2030.

The Baltimore Tech Hub “will develop innovative and predictive healthcare technologies by applying artificial intelligence to biotechnologies,” as described by the EDA. “Leveraging regional research universities and institutions, research and development expertise, and existing capital investment, the Baltimore Tech Hub aims to catalyze commercialization of predictive healthcare technology, improving equitable care delivery and national health outcomes.”

Visit the US Economic Development Administration website for more information.

Interested in learning more about how AI can help county government? Don’t miss the MACo Winter Conference session, “Let’s Talk AI – The Good, the Bad, the Ugly,” on Dec 7, 2023.

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