Wow - Interesting indeed.... Is the desire to manufacture here driven by the proximity to water resources? Or is this because of Pritzker's efforts on the quantum front?
Either way, this is great news.
EDIT:
Yeah, this is definitely all tied into Pritzker's push to make Chicago a hub of Q research/investment/etc..... Probably not a coincidence this news is coming out just as Pritzker is touting "The Bloch Tech Hub". From what I have dug up, it was one of the 31 recognized tech hubs through the fed's EDA Phase 1. What remains to be seen is how much money, if any, "The Bloch" gets from Phase 2.
https://www.eda.gov/funding/funding-...rogram-phase-2
Quote:
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For each Tech Hubs selected for Implementation Grants, EDA expects to fund approximately 3-8 tightly aligned projects – totaling between $40 million and $70 million each – that aim to collectively address the region’s key inhibitors of global competitiveness.
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So, just to summarize:
- Pritzker is pushing for $500 million in state funding for Quantum investments
- We are in the application stage of Phase 2, which, if awarded, could be several more millions in investments
- We have a Quantum company based out of CA (
https://en.wikipedia.org/wiki/PsiQuantum) is considering building out a computer factory on the far South Side.
It's days like this I am glad we have Pritzker as the adult in the room...... Definitely put a pin on this news. If Pritzker can land victories on all of these fronts, it will bring major economic investment to the region in the long run.