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<\/a>The hubs \u2014 administered by Empire State Development\u2019s Division of Science, Technology and Innovation (NYSTAR) \u2014 build on the Governor\u2019s $300 million investment in the Quantum Research and Innovation Hub at SUNY Stony Brook, together forming a statewide network connecting universities, startups, industry and government partners to accelerate commercialization. Applications are due October 14, 2026; the RFP is available here<\/a>.<\/p>\n\u201cNew York has never waited for the future to arrive \u2014 we invest in the people, ideas and infrastructure that will build it here. With this $60 million investment, we are creating regional hubs that will turn groundbreaking quantum research into growing companies, good-paying jobs and real-world solutions,\u201d Governor Hochul said. \u201cBy connecting our world-class universities and researchers with entrepreneurs and industry partners across the state, we are ensuring that New York leads in one of the most consequential technologies of the next generation.\u201d<\/p>\n
Empire State Development President, CEO and Commissioner Hope Knight said, \u201cGovernor Hochul has made clear that New York will compete \u2014 and win \u2014 in the industries shaping the future. Our state already has world-class quantum researchers, facilities and ideas. These new hubs will connect those assets with the expertise, infrastructure and partnerships needed to turn quantum discoveries into New York companies, good-paying jobs and long-term economic growth.\u201d<\/p>\n
Empire State Development\u2019s NYSTAR Executive Director Ben Verschueren said, \u201cWith these new hubs, we are preparing New York\u2019s commercialization engine for the quantum era. This unmatched platform empowers innovators to take world-changing technologies from the lab to the market and drive economic growth for generations.\u201d<\/p>\n
Quantum technologies have the potential to transform industries through advances in computing, sensing and secure communications, with possible applications ranging from more secure financial transactions and renewable energy technologies to faster drug discovery. The sector is projected to generate $97 billion in global revenue by 2035, presenting a significant opportunity for New York to attract private investment, create jobs and strengthen its long-term economic competitiveness.<\/p>\n
The Regional Quantum Technology Commercialization Hubs will become part of the NYSTAR network, expanding the statewide system that helps innovators transform discoveries into new products, businesses and career opportunities. The initiative also complements Governor Hochul\u2019s broader innovation strategy, which includes major investments in life sciences, semiconductors, advanced manufacturing and other high-growth industries.<\/p>\n
Each selected hub will receive up to $15 million to establish a regional anchor for quantum innovation. The hubs will focus on commercializing new inventions and developing real-world applications for quantum technologies. Each will also operate an incubator for quantum-focused startups, providing early-stage companies with critical resources, including mentorship and access to local quantum networks and quantum-computing resources.<\/p>\n
Applicants must hold 501(c)(3) nonprofit status and demonstrate relevant experience in quantum research and development, technology incubation, and innovation-related operations. Two or more entities may apply jointly as a consortium, with one member designated as the lead applicant. Proposals will be evaluated on the strength of the hub\u2019s operating plan, the applicant\u2019s industry partnerships and expertise, its capacity to support early-stage companies, access to advanced tools and research infrastructure, and proposed cost of services.<\/p>\n
ESD will host an informational session for prospective applicants on Friday, August 21, 2026. Those interested must email\u00a0[email\u00a0protected]<\/a>\u00a0for an application and submit by Tuesday, August 18, 2026.<\/p>\n Source: Governor Kathy Hochul, State of New York<\/p>\n
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