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Birmingham Receives Federal Tech Hub Designation

Birmingham’s metro area is among 31 regions across the country named today as a federal Tech Hub, competing successfully under a new program that could ultimately inject $75 million into the local economy.

The designation followed a highly competitive process with nearly 200 applications nationwide, and it recognizes the innovation happening in the Birmingham region. It paves the way for the creation of thousands of new jobs for a broad range of Alabamians.

Birmingham’s consortium of partners now advances to a second round of selections. Five to 10 Hubs will ultimately be chosen by the U.S. Economic Development Administration to receive significant investment to bolster innovation and create jobs.

“Just to make it to this stage is a huge honor,” said Josh Carpenter, CEO of Southern Research, which led the effort on the Tech Hubs application. “It’s a recognition of the great work that is already being done in Birmingham and the strength of our public-private partners that are working together to expand our biotech footprint and maximize our economic impact for the state as a whole.”

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