Administered by the CUbit Quantum Initiative at the University of Colorado Boulder on behalf of the Colorado Office of Economic Development and International Trade, the program provides targeted, non-dilutive funding to both academic and industry-led teams demonstrating strong commercial potential. Each awardee receives $50,000 to advance translational efforts. This support is especially vital in the capital-intensive and long-horizon quantum sector.
“With each round of these awards, we are building a stronger and more durable pathway from discovery to deployment,” said Massimo Ruzzene, senior vice chancellor for Research and Innovation and dean of the institutes at CU Boulder. “The investments are not only supporting individual projects, they are reinforcing Colorado’s position as a national leader in quantum innovation.”
