Spokane Tech Hub must reapply for $48M grant under Trump's new criteria

(The Center Square) – A Spokane-based aerospace manufacturer must reapply for $48 million in funding after the Trump administration announced changes to the grant program on Friday. Established under the 2022 CHIPS and Science Act, the Tech Hubs Program intends to bolster semiconductor manufacturing nationwide. The Biden administration allocated $500 million to the initiative just before leaving office, but President Donald Trump wants to pull some of that back. Nearly half of the allocation relied on future revenues while awarding grants to six of 31 hubs based on applications from almost a year ago. The U.S. Department of Commerce announced on Friday that each awardee must reapply and compete against the other hubs for the funding.