THN! News - Application Submitted to the EDA

Elevate Quantum (EQ) team successfully submitted its Phase 2 application

Author

Wendy Lea
March 13, 2024

Dear Partners and Colleagues, 

Our Elevate Quantum (EQ) team successfully submitted its Phase 2 implementation grant application for Elevate Quantum to the EDA on Wednesday, February 28th. Through months of collaborative efforts, the EQ team, the States of Colorado, New Mexico & Wyoming, and a consortium of 116 organizations across the Mountain West region, EQ signals its leadership in quantum, focusing on national and economic security. 

We are grateful to many who dedicated their time, energy, and expertise to support this strategic effort. The commitment from workforce partners across academia (32 institutions including K-12 schools, community colleges, and higher education), quantum industry leaders (including startups, scale-ups, and Big Tech), federal labs (with five labs bringing more than $9.68 billion in quantum-relevant investment), economic development organizations (including accelerators and leading quantum investors), labor and workforce training organizations (the Elevate Quantum Workforce Collaborative), and government (including eight state, local, and Tribal governments) has been instrumental in shaping our proposal. 

Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT)’s advocacy for establishing the Mountain West region as the global epicenter in Quantum Information Technology (QIT) has allowed us to build a successful quantum Tech Hub.

PARTNERS ACROSS THE ELEVATE QUANTUM HUB HAVE MADE SIGNIFICANT COMMITMENTS, INCLUDING:

  • Colorado has committed $74 million to support the quantum ecosystem, $44 million to support the establishment of EQ’s fabrication and laboratory facilities, and $30 million of funding for Quantum Loan Guarantees.

  • New Mexico has committed more than $10 million to EQ and announced the creation of the Quantum New Mexico Institute.

  • Key U.S. Big Tech industry players, such as Microsoft, Amazon, Google, Nvidia, and Lockheed Martin, are investing in QIT and have joined EQ.

Today, Colorado is the global leader in QIT. A successful Phase 2 EDA award up to $70 million will unlock over $80 million from CO, NM, and WY and over $1 billion of private capital and industry collaborations, cementing the Mountain West region as the center of the global quantum economy. 

OEDIT Director Eve Lieberman and Governor Jared Polis at the Mountain West Elevate Quantum Summit

MANY THANKS TO THE VISIONARY QUANTUM LEADERS WHO DROVE THIS TO THE FINISH LINE

  • Corban Tillemann-Dick, Co-founder and CEO of Maybell and Chair of Elevate Quantum

  • Zachary Yerushalmi, Chief Executive and Regional Innovation Officer of Elevate Quantum

THESE ARE SOME OF THE COLLEAGUES WHO BROUGHT DISTINCT EXPERTISE TO THE APPLICATION DEVELOPMENT PROCESS. MANY THANKS TO THESE INDIVIDUALS AND MANY OTHERS.

  • Dan Caruso and Danielle Lloyd, Caruso Ventures

  • Jason Michael, Elasticity

  • Jake Thomas, Sandia Labs

  • Lincoln Carr, Colorado School of Mines

  • Lucy Sanders, NCWIT

  • Scott Davis, Vescent

  • Scott Sternberg, CU Boulder, CUbit

  • Tim Ponciano and Katie Barnum, Delivery Associates

  • Tom Kourlis, Boston Consulting Group

  • Zach Newman, Octave Photonics

  • Zaneta Kelsey, Access Mode

NEW ELEVATE QUANTUM BOARD MEMBERS

Jesus Salazar, Eve Lieberman, Dan Caruso, and Wendy Lea joined the Elevate Quantum Board of Directors.

STAY UP-TO-DATE ON WHAT’S NEXT

Many thanks for your continued support. Stay tuned for the EDA's announcement (expected in May/June). 

The TechHubNow! Team

Wendy Lea, Brooks Johnson, and JB Holston

“Our states have a shared, deeply connected history and commitment to the nation's quantum future. With critical federal funding support through the EDA implementation grant, we will ensure that this tech hub is a global leader by 2030, positioned to secure and extend America's national security interests in quantum through the century ahead.”

- Governors Jared Polis and Michelle Lujan Grisham

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