The Polsky Center and Chicago Quantum Exchange have joined forces to launch an accelerator focused on quantum science and technology.
University of Chicago, through its Polsky Center for Entrepreneurship and Innovation, and research hub Chicago Quantum Exchange partnered to launch Duality, an accelerator dedicated to quantum science and technology, yesterday.
Led by the Polsky Center and Chicago Quantum Exchange, Duality’s founding partners also include University of Illinois Urbana-Champaign, Argonne National Laboratory and P33, an organisation focused on connecting stakeholders in Chicago’s ecosystem to actors elsewhere.
Duality is the first accelerator programme in the US exclusively aimed at the quantum sector, according to the press announcement. It has received a minimum commitment of $20m to be deployed over 10 years, with the aim of bridging the gap between the lab and marketplace.
Duality will be based at University of Chicago’s Booth School of Business and each cohort will run for 12 months. In addition to $50,000 of capital, each startup will benefit to access from quantum researchers and corporate partners through Chicago Quantum Exchange.
Applications for the first cohort are open until May 14, 2021 and Duality is keen on supporting diverse teams across gender, race and ethnicity.