The reason for revision request is the current survey requests information regarding current and past activities over the past year. This information was important to capture as a starting point before program implementation. Respondents will now begin program implementation, and it is important to request information on activities on a more regular basis, therefore, the survey requests information on a semi-annual basis.
EDA is also requesting the survey be conducted for 10 years. The reasoning for this long duration is the program goal is to support the development of globally competitive Tech Hubs within ten years. This duration is necessary to allow for time for the positive impacts of the funding and activities to be fully realized.
To effectively administer and monitor its economic development assistance programs, EDA collects certain information from applications for, and recipients of, EDA investment assistance. Under the EDA Regional Technology and Innovation Hub Program, award recipients are required to submit identified program metrics and information to ensure that EDA regional development investments are evidence-based and data-driven, and accountable to participants and the public.
EDA will require information from the 31 Designated Tech Hubs recipients also known as the consortia leads. This collection instrument will provide more granular information on the current status of Tech Hub programs and activities.
Tech Hubs Designees will submit data one time to determine a baseline status. Furthermore, the data collected, and the tools created will help inform economic development practices at EDA, paving the way for future programming.
The reason for revision request is the current survey requests information regarding current and past activities over the past year. This information was important to capture as a starting point before program implementation. Respondents will now begin program implementation, and it is important to request information on activities on a more regular basis, therefore, the survey requests information on a semi-annual basis.
EDA is also requesting the survey be conducted for 10 years. The reasoning for this long duration is the program goal is to support the development of globally competitive Tech Hubs within ten years. This duration is necessary to allow for time for the positive impacts of the funding and activities to be fully realized.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.