Insider Brief

New York is offering up to $60 million to establish as many as four regional hubs focused on commercializing quantum technologies and supporting startups.

Empire State Development anticipates awards of about $15 million per hub, with only one hub selected in each economic development region.

Eligible nonprofit organizations must propose physical facilities that provide shared infrastructure, support technology development and startup incubation, and connect researchers with industry partners.

New York is seeking proposals to establish up to four quantum technology commercialization hubs across the state, offering as much as $60 million to turn research into startups, products and industry applications.