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Tech hub funding decisions expected soon

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BUFFALO, NY (The Buffalo News) — It is almost time for Buffalo, Rochester and Syracuse to learn whether their “tech hub” bid will be awarded about $54 million in federal funding to bolster the semiconductor industry.

“All the heavy lifting is done. The application is in. We’re just waiting to hear what we’re hoping will be really good news in the next few weeks,” said Dottie Gallagher, president and CEO of the Buffalo Niagara Partnership.

The U.S. Economic Development Administration, which is part of the Commerce Department and oversees the tech hub competition, is eyeing late June or early July to announce the winners.

Read the article here.

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