Establishes MassQuantum to promote quantum sciences in Massachusetts through investment, tax incentives, and education.
The bill establishes the Massachusetts Quantum Center (MassQuantum) to promote quantum sciences in Massachusetts. MassQuantum will administer a quantum investment program to support research, development, manufacturing, and commercialization in quantum industries. It will also establish a tax incentive program for certified quantum companies. MassQuantum will provide matching grants to companies that receive federal grants, internships for students, and workforce training grants. It will also fund higher education programs and site remediation projects.
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