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����ֱ�� Boulder is also a key partner of Elevate Quantum, which recently received a Tech Hubs Phase 2 award from the U.S. Department of Commerce’s Economic Development Administration (EDA). On top of $40.5 million in initial EDA funding, the coveted award unlocked more than $127 million in new funds including $74 million in state tax incentives for businesses and research organizations in a new bill signed on campus by Governor Jared Polis. The award is expected to drive more than $2 billion in additional private capital and create over 10,000 quantum jobs.

����ֱ�� 3,000 ����ֱ�� workers already power dozens of cutting-edge quantum companies—making ����ֱ�� the largest cluster of quantum businesses in the nation. ����ֱ�� Boulder’s robust ecosystem for spinouts and commercialization ensures that groundbreaking research translates into businesses offering those work opportunities. Faculty members and alumni have been instrumental in founding and leading a number of quantum companies including (formerly ColdQuanta), ,, , , , and 
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Researchers looking to accelerate discoveries toward commercialization now have additional fuel for quantum translation. In partnership with the ����ֱ�� Office of Economic Development and International Trade (OEDIT), the ����ֱ��bit Quantum Initiative recently administered seven $50,000 translational quantum seed grants to incentivize quantum innovations launched from labs across the state. This program is providing $1.2 million in funding over three years.

At the same time, a statewide consortium of higher education and industry partners outlined the “Creating a ����ֱ�� Quantum-Ready Workforce in Service of the Nation” vision. The concept is focused on translating the state’s quantum know-how into workforce development and educational opportunities for learners and workers across ����ֱ��—meeting them where they are, professionally and geographically, to create a diverse and inclusive quantum-ready workforce.