The Chicago Quantum Exchange (CQE) has received a $1 million grant from the National Science Foundation (NSF) to strengthen quantum technologies and economic development in the Midwest. This grant is part of the NSF Regional Innovation Engines program, which supports key technology areas to maintain US global competitiveness.

The award will enable a multi-sector coalition led by CQE to create data-driven strategies for commercializing quantum technologies and training workers for the growing quantum economy. It builds on the region’s designation as a Phase 1 US Tech Hub for quantum technologies, underscoring the region’s role as a major player in quantum research and development. The Illinois Governor, J.B. Pritzker, has proposed a state investment of $500 million to help support investment in quantum within the state and provide matching funds for a Phase 2 Tech Hub grant from the U.S. Department of Commerce’s Economic Development Administration (EDA). A group including Fortune 500 companies, quantum startups, world-leading universities, state and city governments, community colleges, and economic and workforce development nonprofits, have formed a coalition called The Bloch Tech Hub to apply for this grant.

CQE Director David Awschalom stressed the need for commercialization and workforce development to meet demand for quantum technology solutions. The Chicago region is recognized for its expertise in quantum information science and vibrant startup culture, making it a leading hub for the field.

For additional information, you can access the press release provided here.

April 18, 2024