The Biden administration is betting this CHIPS Act program can revitalize communities from the ground up

The Recompete program, another example of the Biden’s administration’s commitment to ‘place-based’ economic development, is also a corrective to the trickle-down economics of the Trump years.

Can a burst of multimillion-dollar federal grants help revitalize even the most economically stagnant communities in America? The Biden administration is betting on it.