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IBM will open its FutureNow Chicago innovation and delivery hub on the planned 128-acre Illinois Quantum and Microelectronics Park campus.
IBM will open the FutureNow Chicago hub, creating 750 full-time jobs in supercomputing fields.
KEY POINTS
- IBM will partner with City Colleges of Chicago to design an apprenticeship program for 500 apprentices.
- IBM is receiving $19 million in EDGE tax credits over 10 years for the new hub.
- City Colleges of Chicago aims to raise $7 million for apprenticeship funding over the next two to three years.
- The Illinois Quantum and Microelectronics Park's first phase is expected to conclude in 2027, with openings in 2028.
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