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CO
Colorado Quantum Fund (CQF) for Innovative Lending
Loan loss reserve program improving access to capital for quantum technology companies in Colorado. Encourages lenders to make favorable loans by registering up to 15% of the loan in a pooled loan loss reserve, accessible via 100% refundable tax credit.
About this program
Colorado is a designated Tech Hub for quantum information. CQF complements other quantum-focused state initiatives. Borrower works with regular lender; OEDIT's role is the loan loss reserve and tax credit on the lender side.
Eligibility
Colorado-based quantum technology companies in need of capital that may not qualify for traditional bank financing. Lenders (banks, CDFIs, credit unions) must enroll in the program. Borrower applies through participating enrolled lender.
Funding Categories
Loan