Doing Business with the IQMP
The Park’s infrastructure is designed to support the full ecosystem of companies, researchers, suppliers, end users and other partners working to facilitate the development and commercialization of quantum and microelectronics technologies.
No matter your business, there are endless opportunities to be a part of the IQMP. Join us in shaping the industry, community and the world.
Are you a business interested in having a presence at the IQMP? Fill out our contact form.
Your Future Home at the IQMP
This first-of-its kind campus will be home to:
National Quantum Facility
Access to an industrial scale cryoplant, state of the art equipment and technical staff, ready to support any type of qubit.
National Quantum Algorithm Center
Universities, national labs, quantum companies and industry end users uniting to develop algorithms and quantum solutions.
IL-DARPA Quantum Proving Ground
A partnership to prove a pathway to utility-scale quantum computing through joint investment in infrastructure, prototypes, and test and evaluation.
Workforce Development Programs
Access to quantum- and microelectronics-relevant education for trainees and workers of all backgrounds.
PsiQuantum Production Site
Anchor tenant PsiQuantum’s facility for building and operating a full scale, photonic, fault-tolerant quantum computer.
IBM’s Quantum System Two
Accessible to users via the cloud.
Public Access Spaces
Steelworkers Park and expanded green space with waterfront access.
Clean Energy and Water
Dedicated, reliable access to clean energy and water.
Top-Tier Quantum Ecosystem
Connected and embedded within Illinois’ vibrant quantum ecosystem.
The National Quantum Facility at the IQMP is planned to be delivered in mid-2027. While the NQF is under development, the IQMP will provide an on-ramp program for companies and researchers to enter and leverage the Chicago and Illinois ecosystem by temporarily locating at a local innovation facility.
The IQMP is actively speaking with potential tenants. Get connected with our business development team by completing the form below:
A Central, Connected Location
Located at a historic and scenic site on Lake Michigan just minutes away from downtown Chicago, the IQMP offers unparalleled access to universities, national labs and transportation for local, regional, national and global connectivity.
Destination Illinois
The Illinois ecosystem — with vibrant research and development, tremendous tech resources and an unmatched skilled workforce — is uniquely positioned to catalyze the innovation needed in the quantum and microelectronics industries.
Home to powerhouse universities and national laboratories whose multidisciplinary researchers are building on decades of pioneering discoveries to advance quantum science and technology, Illinois offers access to:
Private and Public Sector Support
Illinois is all in on quantum, with abundant private and public funding opportunities and incentives:
Corporate Funding
$200M
joint investment in the IBM-Illinois Discovery Accelerator Institute
$150M
from IBM and Google for University of Chicago-University of Tokyo quantum work
Corporate Funding
Venture Capital
1,700+
Chicago area companies have raised growth capital since 2017
Federal and State Funding
$700M
in state funding for quantum initiatives, including $500M in the FY2025 budget launching the IQMP
Venture Capital
Federal and State Funding
Our Incentives
The Illinois Department of Commerce and Economic Opportunity has a comprehensive suite of incentives to help quantum businesses locate and grow in Illinois, including: