Elevate Quantum Tech Hub

Leading Quantum Innovations

About Elevate Quantum Tech Hub

The Elevate Quantum Tech Hub, led by Elevate Quantum, seeks to solidify the region’s global leadership in quantum information technology (QIT) to enable progress in areas such as artificial intelligence, climate tech, and healthcare. Tapping into regional expertise and assets, including leading national laboratories, this Tech Hub will build on existing relationships between the regional research community and private sector to unlock transformative technologies needed to move quantum-based products to market. 

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Problem statement

The Elevate Quantum Tech Hub, led by Elevate Quantum, aims to address the challenge of moving quantum information technology (QIT) from research to market by leveraging regional expertise and assets, including leading national laboratories. This Tech Hub seeks to strengthen the QIT sector by focusing on commercial-ready applications in sensing, computing, networking, and enabling hardware. By establishing globally unique quantum labs and fabrication facilities, providing inclusive workforce development programming, and coordinating a comprehensive strategy for stakeholder and investor engagement, the Elevate Quantum Tech Hub will reduce the time and cost of commercializing quantum innovations, lower barriers to quantum entrepreneurship, and build a skilled and diverse workforce to meet the needs of the growing QIT sector.

Traction information

- $150M+ in cash and in-kind resources have been committed by EQ members to support the Tech Hub's vision, highlighting strong financial backing from consortium partners.
- 17 labor and workforce training organizations established in 2023 by the Elevate Quantum Workforce Collaborative (EQWC) to build a skilled and diverse talent pool essential for the quantum technology sector.
- $80M pledged by Colorado and New Mexico to support the Tech Hub, including $46 million for quantum labs and fabrication facilities and a $30 million Loan Loss Fund to create a $1 billion quantum loan guarantee.

Milestones

July 2022

Biden-Harris Administration’s Tech Hubs Program Awards Approximately $41 Million to the Elevate Quantum Tech Hub in Colorado to Strengthen the Region’s Capacity as a Global Leader in Quantum Computing

Updates

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