Governor Polis and the Colorado Office of Economic Development and International Trade (OEDIT) announced that Elevate Quantum (EQ) was selected for $40.5 million in funding by the Economic Development Administration (EDA) as part of its Phase 2 Tech Hub grant funding as per the July 2 news release. EQ — a consortium of private and public sector organizations, academic institutions and nonprofits across Colorado, New Mexico, and Wyoming — was among the 31 Tech Hubs designated by the Biden Administration in October 2023.

Read the entire article on the official Inside Quantum Technology News website by clicking here.