The Nevada Tech Hub, led by the University of Nevada, Reno, won a $21 million grant from the U.S. Economic Development Administration.

The U.S. Economic Development Administration (EDA) today announced that the Nevada Lithium Battery and Other EV Materials Loop (Nevada Tech Hub), a statewide initiative led by the University of Nevada, Reno, will be awarded approximately $21 million to lead efforts to strengthen the U.S. lithium battery, critical components, and other electric vehicle materials industry sector in the state.

U.S. Senator Jacky Rosen made the remarks at a press conference announcing EDA funding for Dragonfly Energy.

“Northern Nevada has the potential to lead the world in battery and electric vehicle innovation, with the University of Nevada, Reno leading the way,” said Senator Jacky Rosen. “That's why I'm proud to have helped secure Lithium Loop tech hub designation and worked with Chancellor Sandoval to secure millions of dollars in funding. I'm proud that these efforts have paid off and our state will receive nearly $21 million that will incentivize innovation, create new economic opportunities and transform Nevada's economy by creating thousands of good-paying jobs in the lithium supply chain.”

In October 2023, the Nevada Tech Hub was selected as one of 31 designated tech hubs across the nation as part of Phase 1 of the New Tech Hubs program, a flagship initiative aimed at advancing U.S. leadership in critical technologies and industries.

Senator Rosen (left) and Secretary of State Raimondo (center) toured Dragonfly Energy's battery production facility during a press conference.

“Thanks to the strong leadership of President Biden in the White House, Senator Rosen in the Senate and many others, we have embarked on a mission to identify and strengthen existing areas of talent so they can become world-class leaders in technology manufacturing and delivery,” said U.S. Secretary of Commerce Gina Raimondo. “By bringing together businesses, startups, schools and workforce development organizations, the Nevada Tech Hub, based in Reno, will help make the region a global lithium leader while spurring economic development and opportunity in Northern Nevada and creating new, high-paying jobs.”

Nevada Tech Hub is one of 12 designated agencies selected for implementation funding. The grant will support two projects: the Nevada Native American Center and a workforce development component project. Final grant amounts will be finalized in the coming months. The University Economic Development Center within the College of Business will be the lead agency for the funds awarded by EDA.

“We are honored to receive this elite designation and funding from the EDA to position our institution as a global leader in energy technology,” said university President Brian Sandoval. “With the funding we received from the EDA today, combined with generous funding from the Nevada Legislature's Interim Finance Committee, we will invest in targeted, aggressive business creation, attraction, retention and expansion efforts designed to fill identified gaps in this emerging industry sector across our state. I want to thank Senators Jacky Rosen, Cortez Masto, Governor Joe Lombardo and the Nevada Legislature's Interim Finance Committee for their leadership and continued support of the Tech Hub initiative, which will create a generational shift in Nevada's economic future.”

The Nevada Native American Center, coordinated by the University Office of Nevada Native American Relations, will provide a national model through direct input and consultation with tribal communities to address workforce barriers and inequities while providing career pathway opportunities for Nevada's Native American, tribal and Indigenous peoples in the lithium battery and electric vehicle materials industries. The Nevada Native American Center project is the only EDA award project focused on Native American and Indigenous education and workforce development.

The Workforce Development Component project will be coordinated by the Governor's Office of Workforce Innovation and will develop, strengthen and support a skilled workforce to meet the dynamic employment needs of the lithium battery, critical components and other electric vehicle materials industry sectors. The project plans to impact 50,000 workers over the five-year life of the grant, with an emphasis on reaching English language learners and workers in correctional facilities.

“This funding is critical to the development of lithium battery and electric vehicle technology in Nevada, while also advancing America's energy future,” said Governor Joe Lombard. “I look forward to seeing the innovation and advancements being made at the University of Nevada, Reno Tech Hub as a result of this funding.”

The Tech Hub Program was authorized by the bipartisan CHIPS and Science Act, which President Joe Biden signed into law in August 2022. The act authorized a $10 billion budget for the program over five years. To date, EDA has allocated $541 million to the program.

Sources 1/ https://Google.com/ 2/ https://www.unr.edu/nevada-today/news/2024/nevada-tech-hub-funding The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos