Shapiro Unveils $40M Tech-centric Plan to Stimulate Pennsylvania’s Economy

For the first time in nearly two decades, Pennsylvania has a formal plan to stimulate the commonwealth’s economy, according to Gov. Josh Shapiro.

Speaking from the headquarters of a Lehigh Valley diagnostics company on Tuesday, Shapiro unveiled a $40.5 million Statewide Economic Development Strategy focused on robotics and technology, agriculture, energy, life sciences and manufacturing.

“We need to make sure it is worthwhile for more businesses in these sectors to invest in us and to invest in Pennsylvania,” Shapiro said. He stressed that the plan requires collaboration from both public and private sectors — with the goal of growing the economy, creating jobs and creating opportunities for innovation.