Visit Highlights NY SMART I-Corridor as Emerging Semiconductor Leader
WASHINGTON, D.C. — Cristina Killingsworth, the Acting Assistant Secretary for Economic Development at the U.S. Department of Commerce’s Economic Development Administration (EDA), recently visited the NY SMART I-Corridor. This Tech Hub, situated in New York, was designated as part of the Biden-Harris Administration’s efforts through the EDA. The designation, made in October 2023, highlights the region’s advancements in semiconductor manufacturing.
During her visit, Ms. Killingsworth, alongside leadership of the Tech Hubs Program, collaborated with the NY SMART I-Corridor Tech Hub to bolster its strategy focused on regional semiconductor manufacturing. This includes the development of a supply chain network, addressing workforce deficiencies, and expanding research and development access.
The Tech Hubs Program is a cornerstone initiative designed to propel U.S. leadership in sectors crucial to national security. The recognition of NY SMART I-Corridor as a Tech Hub underscores the region’s intent to transform its technology landscape, positioning it as a global semiconductor manufacturing leader and enhancing U.S. competitiveness on the international stage.
Support for the Tech Hubs Program
According to Secretary of Commerce Gina Raimondo, “NY SMART I-Corridor Tech Hub embodies the spirit and potential of the Tech Hubs Program to take centers of excellence and make them world-class tech ecosystems through targeted investments. That’s precisely why I’ve asked Cristina Killingsworth to travel to New York with a team to meet with leadership and provide technical assistance on their strategy. The Tech Hubs Program is crucial to ensuring tech industries vital to U.S. economic and national security start, stay, and grow in the U.S., and that’s why I’m committed to future rounds of funding and working with lawmakers to support additional federal resources to support all of our designees.”
Funded through the bipartisan CHIPS and Science Act, the Tech Hubs Program has a budget of $10 billion. This funding is aimed at boosting the ability of Americans to create, deliver, and deploy innovative technologies, facilitating the growth of new companies and job creation.
Read more about the Tech Hubs program at TechHubs.gov.
