U of T is banking on the future of quantum computing
The Creative Destruction Lab is luring the world’s quantum geniuses to Toronto
Forget teleporters and time travel—the most elusive tech triumph is the quantum computer, which would use the power of atomic and subatomic particles to perform mind-boggling processes. At the Creative Destruction Lab—an incubator based at U of T’s Rotman School of Management—tech wizards are banking on the quantum future. In September, 40 early-stage entrepreneurs from 16 countries will move to Toronto at the CDL’s expense to embark on a training course in quantum computing and machine learning. At the end of the program, everyone is free to go home or move to Silicon Valley—but they’ll have good reason to stay. Those who choose to open an office in Canada will be eligible for an automatic $80,000 (U.S.) to create their own start-ups.