Wednesday, July 3, 2024 Today, Governor Polis, together with the Colorado Office of Economic Development and International Trade (OEDIT), revealed that Elevate Quantum (EQ) has been awarded $40.5 million by the Economic Development Administration (EDA). This funding is part of the EDA’s Phase 2 Tech Hub grant initiative.
EQ, a collaborative network that includes private and public sector organizations, academic institutions, and nonprofits throughout Colorado, New Mexico, and Wyoming, is one of the 31 Tech Hubs recognized by the Biden Administration in October 2023. “This decision shows that America is serious about being a global leader in quantum technology, the future of computing. Colorado is the center of the quantum technology ecosystem and we are thrilled that the Biden Administration is supporting our work to develop the best minds, research, and innovation in the country.
Our region has always played a critical role in advanced technology and we’re proud to be supporting these efforts through a state investment of $74 million(opens in new window) that was conditional on this federal award and will now be activated. I want to thank Senators Bennet and Hickenlooper, and Congressman Neguse for their hard work in helping bring these funds to Colorado. This federal and state investment will accelerate our work and help ensure the future of computing is developed and built right here in Colorado,” said Colorado Governor Jared Polis.
Governor Polis has recently sign.
