(USA.NewsSite) The Colorado Economic Development Commission normally recently approved $2.9 million in state job growth incentive tax credits to try and land a manufacturing plant that will produce hardware for quantum computers.
“Given the broad applications and catalytic benefits that this company’s technology could bring, retaining this company would help position Colorado as an industry leader in next-generation and quantum computing,” Michelle Hadwiger, the deputy director of the Colorado Office of Economic Development & International Trade, told commissioners.
Project Quantum, the code name for the Denver-based startup, is looking to create up to 726 new full-time jobs in the state. Most of the positions would staff a new facility making components for quantum computers, an emerging technology expected to increase computing power and speed exponentially and transform the global economy as well as society as a whole.
Quantum computing is going to be as important to the next 30 years of technology as the internet was to the past 30 years,” said the company’s CEO, who only provided his first name — Corban. He added that he “loves” Colorado and doesn’t want to see it surpassed by states like Washington, New York and Illinois in the transformative field.
Colorado’s Greeley Tribune’s headline describes the overture for funding from “mystery firm” here–but for subscribers only.