Governor JB Pritzker Announces Historic $500 Million Investment Aligning with the CHIPS and Science Act
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CHICAGO ~ Chicago, IL - Governor JB Pritzker, along with Innovate Illinois Chair, announced a groundbreaking proposal to allocate $500 million towards the advancement of beyond silicon quantum technology in the state. This significant investment, part of the state's latest budget proposal, aims to position Illinois as a national leader in the semiconductor industry, quantum computing, and artificial intelligence.

The proposal includes the development of a state-of-the-art campus with a cryogenic facility essential for research and development in next-generation microelectronics and quantum technologies. The creation of this facility and an accompanying quantum campus, receiving $300 million of the total investment, highlights the state's commitment to fostering cutting-edge research and development at the intersection of the semiconductor industry and quantum information technology.

Governor Pritzker expressed his excitement about this investment, stating that it will solidify Illinois' position as a top hub for quantum development. He also emphasized the importance of making timely and strategic investments to build confidence among private industry and the federal government.

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This investment is part of a broader strategic move to leverage billions in federal funding available for technology sectors. It reinforces Illinois' role as a leader in the national and global technological race and aligns with its efforts to secure the headquarters of the National Semiconductor Technology Center (NSTC) under the CHIPS and Science Act.

Chancellor Robert J. Jones from University of Illinois Urbana-Champaign and Co-Vice-Chair of Innovate Illinois also expressed his support for this investment. He stated that it aligns with Governor Pritzker's vision to secure CHIPS and Science Act funding through public-private partnerships. He also highlighted Illinois' assets and expertise in areas critical to our collective prosperity such as bio-economy, microelectronics, quantum industries, sustainable technologies, manufacturing, and diverse workforce development.

Illinois has a history of attracting federal grants and private investments in quantum technology, further cementing its position as a leader in this field. The Bloch, a proposal aimed at developing future quantum information science and engineering (QISE) industry, was named an EDA Regional Technology and Innovation Hub in August, one of two for the state. This project is expected to generate an estimated $8.7 billion and create up to 8,000 high-paying jobs in the area by 2035.

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The state's quantum ecosystem, supported by Fermi National Accelerator Laboratory and the U.S. Department of Energy's Argonne National Laboratory, provides a strong foundation for this ambitious project. These national labs are part of the Chicago Quantum Exchange, the largest university-led quantum initiative in the country, anchored by the University of Chicago, University of Illinois Urbana-Champaign, University of Wisconsin–Madison, and Northwestern University.

This historic investment is anticipated to fuel innovation, generate employment opportunities, and bolster economic resilience across Illinois and the nation. It signifies a major leap forward for the technological sector and secures a prosperous future for Illinois and beyond. With this investment, Illinois is poised to become a leader in beyond silicon quantum technology and solidify its position as a hub for cutting-edge research and development.
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