The University of Chicago’s Polsky Center for Entrepreneurship and Innovation and the Chicago Quantum Exchange have announced the launch of Duality, the first accelerator program in the nation that is exclusively dedicated to start-ups focused on quantum science and technology.
Focused on this rapidly emerging area that is poised to drive transformative advances across multiple industries, Duality is focused on helping quantum start-ups bridge the gap between the laboratory and the marketplace that is a critical barrier to success for emerging technologies.
In addition to the Polsky Center and the Chicago Quantum Exchange, Duality’s other founding partners are the University of Illinois Urbana-Champaign, Argonne National Laboratory, and P33.
The Chicago area has emerged as a leading global quantum center, underscored in the past year by the U.S. Department of Energy and the National Science Foundation announcing that three of the eight federally-funded quantum information science research centers and institutes would be based in the region.
With a minimum $20 million investment over the next 10 years from a broad ecosystem of corporate and academic partners, Duality will help up to 10 quantum start-ups per year grow their businesses in the Chicago area.