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State pledges $74M to boost quantum industry if Colorado wins tech-hub designation

The recently introduced, bipartisan Colorado Quantum Tax Credit bill would, if passed, provide $74 million in state support for Colorado quantum industry. The funding, however, is contingent upon Colorado — and its partners in New Mexico and Wyoming — winning designation and a “tech hub” for quantum technology research and commercialization from the U.S. Department of Commerce. Elevate Quantum, a consortium of about 70 stakeholders in the quantum space who represent industry, academia,...
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State leaders announce details of bipartisan legislation to accelerate Colorado's thriving quantum ecosystem, build on CU Boulder's quantum legacy | Research & Innovation Office

Governor Jared Polis unveiled plans to invest $74 million in Colorado’s quantum ecosystem on Wednesday. The new refundable tax credit program aims to maximize the state’s competitiveness as a tech hu—including CU Boulder, already a global leader in quantum research and innovation—in order to win an additional $70 million in federal funding
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