Colorado Quantum Fund (CQF) for Innovative Lending
Colorado Office of Economic Development and International Trade
Who can apply
Business
About this opportunity
The Colorado Quantum Fund for Innovative Lending is now open for lenders only. At program launch, OEDIT will begin the program on a first-come, first-served basis with $3M of the total allowable credits. Please review further details and current policy decisions in this CQF for Innovative Lending: Program Policy, (Google Doc). The Colorado Quantum Fund (CQF) for Innovative Lending, enacted as part of HB24-1325, improves access to capital for quantum companies in Colorado by encouraging lenders to make favorable loans to companies by registering up to 15% of the loan in a pooled loan loss reserve. The reserve is accessible with a 100% refundable tax credit should the lender incur losses associated with those loans. Applications are currently open for lenders who complete a lender verificati...