Ocean Tech Hub receives $500K federal grant

PRESIDENT JOE BIDEN looks on as U.S. Commerce Secretary Gina M. Raimondo speaks on the South Lawn of the White House during a news conference last August. LESS THAN a month after the Ocean Tech Hub was passed over for a cut of $504 million in federal grants, the U.S. Department of Commerce announced on Monday that the joint Rhode Island-Massachusetts technology consortium will receive $500,000 in funding. /ASSOCIATED PRESS FILE PHOTO/CAROLYN KASTER

PROVIDENCE – Less than a month after the Ocean Tech Hub was passed over for a cut of $504 million in federal grants, the U.S. Department of Commerce announced that the joint Rhode Island-Massachusetts technology consortium will receive $500,000 in funding. The funding, announced on Monday afternoon as a Consortium Accelerator Award, doesn’t rise to

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