{"id":5095,"date":"2021-01-13T19:23:58","date_gmt":"2021-01-13T19:23:58","guid":{"rendered":"http:\/\/s876455381.onlinehome.us\/?p=5095"},"modified":"2021-01-14T16:00:38","modified_gmt":"2021-01-14T16:00:38","slug":"funding-tomorrows-technology","status":"publish","type":"post","link":"https:\/\/frischfinancial.com\/staging\/funding-tomorrows-technology\/","title":{"rendered":"Funding Tomorrow&#8217;s Technology"},"content":{"rendered":"\n[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243;][et_pb_row _builder_version=&#8221;3.25&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;]<!-- divi:paragraph -->\n<p>Biden&#8217;s Plan<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:separator -->\n<hr class=\"wp-block-separator\"\/>\n<!-- \/divi:separator -->\n\n<!-- divi:paragraph -->\n<p>As outlined in his campaign proposal, President-elect Joe Biden intends to invest $300 billion over four years in research and development (R&amp;D) and breakthrough technologies.\u00a0 His plan calls for more government spending in support of existing programs and further development of new growth projects.<\/p>\n<!-- \/divi:paragraph -->\n\n<!-- divi:heading -->\n<h2><strong>Some Highlights of Biden\u2019s Plan<\/strong><\/h2>\n<!-- \/divi:heading -->\n\n<!-- divi:list -->\n<ul><li><strong>More stimulus, more government spending. <\/strong>With the intention of high-quality job creation in high-value manufacturing and technology, Biden\u2019s plan calls for major spending increases to support new National Institutes of Health, National Science Foundation, Department of Energy, Biden\u2019s new Advanced Research Projects Agency for Health (ARPA-H), Defense Advanced Research Projects Agency (DARPA), and other peer-reviewed science research grants.\u00a0 Additionally, the plan calls for competitive capital financing to encourage small businesses to commercialize cutting-edge technology.<\/li><li><strong>Looking toward the future.<\/strong>\u00a0 The $300 billion investment is designed to create jobs and growth in advanced materials, health and medicine, biotechnology, clean energy, autos, aerospace, artificial intelligence, telecommunications, and more.\u00a0 Biden also pledged to support minority-owned small businesses by allocating $30 billion (10% of the R&amp;D spending) specifically toward a Small Business Opportunity Fund, which would also leverage private investments. State-of-the art workforce skill development funded by the Labor Department will allow for the creation or expansion of technical training programs focused on digital, statistical and technology skills.<\/li><li><strong>Breakthrough technology.<\/strong>\u00a0 In support of U.S. competitiveness, direct investments will be made to key technologies including advanced materials, biotechnology, clean vehicles, 5G and artificial intelligence (AI).\u00a0 As explained in an article on SwissCognitive, \u201cThe Relationship Between 5G and Artificial Intelligence,\u201d AI can not only operate massive amounts of data but also learn from its previous experiences and improve its approaches. 5G technology was developed to improve the performance of wireless apps and the connection between devices.\u00a0 This emerging technology promises to continue to grow and influence everything in our lives from how we receive medical treatment to working and learning from home to how we use our cell phones.<\/li><\/ul>\n<!-- \/divi:list -->\n\n<!-- divi:paragraph -->\n<p>We are monitoring technology spending and developments which may lead to further investment opportunities.\u00a0 Please <a href=\"https:\/\/frischfinancial.com\/staging\/contact\/\">contact us<\/a> if you have any questions.<\/p>\n<!-- \/divi:paragraph -->[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.26&#8243; custom_padding=&#8221;4px||4px|||&#8221; saved_tabs=&#8221;all&#8221;][et_pb_row column_structure=&#8221;1_4,1_2,1_4&#8243; use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; _builder_version=&#8221;3.26&#8243; background_color=&#8221;rgba(117,117,117,0.3)&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;3.26&#8243;][et_pb_image src=&#8221;https:\/\/frischfinancial.com\/staging\/wp-content\/uploads\/2019\/12\/bottombrand.png&#8221; align=&#8221;center&#8221; _builder_version=&#8221;3.26&#8243; transform_scale=&#8221;164%|164%&#8221; width=&#8221;67%&#8221; width_tablet=&#8221;35%&#8221; width_phone=&#8221;&#8221; width_last_edited=&#8221;on|tablet&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;|||0px|false|false&#8221; custom_margin_tablet=&#8221;|||32px|false|false&#8221; custom_margin_phone=&#8221;&#8221; custom_margin_last_edited=&#8221;on|tablet&#8221; custom_padding=&#8221;9px|73px|||false|false&#8221; mix_blend_mode=&#8221;hard-light&#8221; module_alignment_tablet=&#8221;center&#8221; module_alignment_phone=&#8221;&#8221; module_alignment_last_edited=&#8221;on|phone&#8221;][\/et_pb_image][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;3.26&#8243;][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_text_color=&#8221;#000000&#8243; custom_margin=&#8221;|||-102px|false|false&#8221; custom_padding=&#8221;|27px||0px||&#8221;]<h3 style=\"text-align: justify;\"><strong>About Us<\/strong><\/h3>\n<p style=\"text-align: justify;\"><span>Our mission is to help our clients protect, preserve, and enhance their wealth. We achieve this by combining our investment management expertise with our financial planning services. Our co-management approach offers customization of portfolios and client involvement. As a fee only advisor, we do not sell any products and therefore, provide unbiased advice. Our clients always come first.<\/span><\/p>[\/et_pb_text][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;3.26&#8243;][et_pb_text _builder_version=&#8221;3.27.4&#8243; text_text_color=&#8221;#000000&#8243;]<h3><strong>Reach Us<\/strong><\/h3>\n<p>516.694.7900 (Long Island, NY)<br \/> 813.639.7580 (Tampa, FL)<br \/> 212.983.8444 (New York, NY)<br \/> 914.696.0800 (White Plains, NY)<br \/> <a href=\"mailto:email@s876455381.onlinehome.us\">email@s876455381.onlinehome.us<\/a><\/p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":6,"featured_media":5096,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:paragraph -->\n<p>Biden's Plan<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:separator -->\n<hr class=\"wp-block-separator\"\/>\n<!-- \/wp:separator -->\n\n<!-- wp:paragraph -->\n<p>As outlined in his campaign proposal, President-elect Joe Biden intends to invest $300 billion over four years in research and development (R&amp;D) and breakthrough technologies.\u00a0 His plan calls for more government spending in support of existing programs and further development of new growth projects.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2><strong>Some Highlights of Biden\u2019s Plan<\/strong><\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:list -->\n<ul><li><strong>More stimulus, more government spending. <\/strong>With the intention of high-quality job creation in high-value manufacturing and technology, Biden\u2019s plan calls for major spending increases to support new National Institutes of Health, National Science Foundation, Department of Energy, Biden\u2019s new Advanced Research Projects Agency for Health (ARPA-H), Defense Advanced Research Projects Agency (DARPA), and other peer-reviewed science research grants.\u00a0 Additionally, the plan calls for competitive capital financing to encourage small businesses to commercialize cutting-edge technology.<\/li><li><strong>Looking toward the future.<\/strong>\u00a0 The $300 billion investment is designed to create jobs and growth in advanced materials, health and medicine, biotechnology, clean energy, autos, aerospace, artificial intelligence, telecommunications, and more.\u00a0 Biden also pledged to support minority-owned small businesses by allocating $30 billion (10% of the R&amp;D spending) specifically toward a Small Business Opportunity Fund, which would also leverage private investments. State-of-the art workforce skill development funded by the Labor Department will allow for the creation or expansion of technical training programs focused on digital, statistical and technology skills.<\/li><li><strong>Breakthrough technology.<\/strong>\u00a0 In support of U.S. competitiveness, direct investments will be made to key technologies including advanced materials, biotechnology, clean vehicles, 5G and artificial intelligence (AI).\u00a0 As explained in an article on SwissCognitive, \u201cThe Relationship Between 5G and Artificial Intelligence,\u201d AI can not only operate massive amounts of data but also learn from its previous experiences and improve its approaches. 5G technology was developed to improve the performance of wireless apps and the connection between devices.\u00a0 This emerging technology promises to continue to grow and influence everything in our lives from how we receive medical treatment to working and learning from home to how we use our cell phones.<\/li><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>We are monitoring technology spending and developments which may lead to further investment opportunities.\u00a0 Please <a href=\"http:\/\/s876455381.onlinehome.us\/contact\/\">contact us<\/a> if you have any questions.<\/p>\n<!-- \/wp:paragraph -->","_et_gb_content_width":"1080"},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.6 - 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