President Barack Obama sits in a flight simulator during a tour of innovation projects at the White House Frontiers Conference at University of Pittsburgh, in Pittsburgh, Pennsylvania, Oct. 13, 2016.
“Investing in science and technology spurs our country towards new jobs and new industries,” U.S. President Barack Obama said Saturday in his weekly address.
In one of the many scientific programs that have been established since Obama took office, more than 80 federal agencies have engaged 250,000 Americans through more than 700 challenges on Challenge.gov to address problems ranging from fighting Ebola, to decreasing the cost of solar energy, to blocking illegal robocalls. The competitions made more than $220 million available to entrepreneurs and innovators and have led to the formation of more than 275 startup companies with over $70 million in follow-up funding, creating several hundred new jobs.
The Obama administration has invested over $1 billion in scientific programs he says are essential to improving and defending American lives.
Innovation is in American DNA, Obama said. “And today, we need it more than ever to solve the challenges we face.”
SOURCES: VOA News Online