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“It’s decision to establish its first U.S. location here in
Illinois is a tremendous validation of our state’s scientific
and economic leadership in the quantum industry,” Pritzker said.
The state’s agreement with the Canadian cryogenic infrastructure
company includes an estimated $1.8 million in tax credits.
“Through the state's Manufacturing Illinois Chips for Real
Opportunity program, known as MICRO, we can attract companies
making the kinds of investments that will strengthen our economy
for decades to come,” Illinois Department of Commerce and
Economic Opportunity Director Kristin Richards said.
According to a statement from Pritzker’s office, ZPC will make
“a substantial capital investment” and create more than 20 new,
specialized jobs in Illinois.
State, county and city governments have provided hundreds of
millions of dollars in tax incentives for companies to operate
at the IQMP.
PsiQuantum, the company selected in 2024 to anchor the site on
Chicago’s Southeast Side, said it received a package of
incentives worth more than $500 million over 30 years.
At the 2025 Global Quantum Forum, also in Chicago, Pritzker
announced that Infleqtion would receive more than $5 million in
state tax credits for agreeing to be a tenant at the quantum
park.
IBM and Pascal, a French company, also received tax breaks to
set up at the IQMP, which developers hope to have open in 2027.
The Center Square asked Republican gubernatorial candidate
Darren Bailey about the state giving tax breaks to
multi-million-dollar quantum companies.
“With J.B. Pritzker, with some of these, I have no problem
bringing items like this to the table and trying to attract them
to Illinois, but not at the cost of the taxpayer,” Bailey told
The Center Square.
Bailey said Boeing was offered special incentives under the
administration of former Republican Gov. George Ryan.
“And what happened whenever they came due? Boeing packed up and
moved out a few years ago,” Bailey said.
In addition to providing tax credits, Pritzker’s administration
has invested $500 million in state taxpayer funds for the IQMP
and $200 million to support the Chicago Quantum Exchange.
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