BIG BET
Quantum Technology
Quantum technology and advanced microelectronics are the next frontier of computing.
Quantum technology and advanced microelectronics are the next frontier of computing.
Illinois stands poised to lead the global charge in quantum technology and advanced microelectronics, positioning the Chicago area as a hub for breakthroughs in quantum computing, cybersecurity, and next-gen semiconductors. With the collaborative power of regional research, industry partners, and significant federal investment, we’re building pathways for quantum research to become commercially viable, scalable solutions. By leveraging Chicago’s robust talent pool and research infrastructure, including partnerships with institutions like the University of Illinois, Argonne National Laboratory, and Fermilab, P33 helps drive innovation that fuels economic growth — while embedding opportunities for all from the start.
With its unparalleled network of institutions and companies, Chicago has become a magnet for quantum research and commercialization. Through assets like the nation’s first quantum startup accelerator (Duality), Chicago Quantum Exchange, and four of the ten National Quantum Initiative Act Centers, Illinois is creating a powerful ecosystem for innovation. P33 is also proud to support the Illinois Quantum Microelectronics Park, a transformative initiative positioning Illinois as a global leader in quantum technology and innovation. This groundbreaking park serves as a hub for research, development, and commercialization of cutting-edge quantum technologies.
Led by a focus on Growth for All, an Equitable Innovation District on Chicago’s South Side will catalyze job creation and expand access to technology careers all across Illinois. P33 sees a $10 billion opportunity that will attract semiconductor manufacturing and workforce opportunities for all. This district will become home to key research and development initiatives, boosting local employment while supporting the next generation of semiconductor technology.
With expertise spanning University of Illinois Urbana-Champaign, University of Chicago, Northwestern, Argonne, and Fermilab, Illinois is positioned to pioneer microelectronic advances essential for AI-driven, next-generation computing. Moving beyond silicon, Illinois researchers and innovators are developing new materials and architectures that will shape the future of computing and sensing technologies.
By leveraging federal programs like the Economic Development Administration’s Tech Hubs and the NSF’s Regional Innovation Engines, Illinois is building a robust workforce for the quantum and semiconductor industries. P33’s partnership with Chicago Quantum Exchange on both funding opportunities has helped solidify Chicago’s status as one of 31 EDA Tech Hubs in the U.S. and a national leader in quantum innovation.
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