The Bloch Tech Hub

The Bloch: End-to-end Quantum Solutions at Scale (The Bloch Tech Hub), led by the Chicago Quantum Exchange, is addressing the critical need to advance quantum information science and technology (QIST) to tackle global challenges that current technologies cannot solve. The Greater Chicago area is poised to become a leader in QIST, but there is a significant gap in accessible, shared-use quantum facilities and hardware that limits industry engagement and innovation. The Bloch Tech Hub aims to overcome this challenge by fostering collaboration between industries and QIST researchers, developing a framework for industry adoption of quantum technologies, and establishing a comprehensive ecosystem that supports quantum computing advancements. This includes creating commercial-grade quantum networks, seeding the development of U.S.-based quantum computing resources, and building industry-led educational programs to equip a diverse workforce. By doing so, The Bloch Tech Hub will enable breakthroughs in finance, energy, biotechnology, and manufacturing, while also promoting equity and inclusion within the quantum technology sector.

- $970B: By 2035, the quantum information science and technology (QIST) industry is projected to create $970 billion in economic value, highlighting the immense potential for quantum technologies to revolutionize multiple sectors and drive significant economic growth.
- $40-60B: Chicago aims to capture 4-6% of the global QIST market by 2035, translating into an estimated $40-60 billion in economic value for the region, positioning it as a major player in the global quantum technology landscape.
- 10,000-30,000 jobs: The development of QIST in the Chicago area is expected to generate 10,000-30,000 direct QIST-related jobs, contributing to a total of 70,000-160,000 jobs across the broader technology and industry sectors.