In response to the Economic Development Administration’s Request for Information regarding the Regional Technology and Innovation Hubs Program’s design and implementation, a joint comment letter was submitted by 10,000 Communities Initiatives Partners: Accelerator for America, African-American Association of Community Development Financing Institutions, America Achieves, Elemental Excelerator, Local Initiatives Support Corporation, Milken Institute, Social Finance, and Strive Together.
The letter emphasizes the need for a focused approach to the initial funding allocation to ensure that historically underserved and diverse communities can access funding for technical innovation.