Quantum Enterprise Zone (QEZ) Program
DCEO program supporting tenants of designated quantum campuses (notably Illinois Quantum & Microelectronics Park on the former South Works site, immediately relevant to SECCC's footprint). Provides utility-tax exemptions, sales-tax exemptions, and income-tax credits for quantum-tech tenants.
Check an Address — Free Snapshot
Compare the geocoded point for a Chicago address with the boundary used to screen Quantum Enterprise Zone (QEZ) Program. A match is a location signal; review the current program source for the boundary's role and remaining criteria.
Published criteria — confirm with Illinois DCEO
- Tenancy in a designated Quantum Enterprise Zone (IQMP)
- Quantum computing, microelectronics, or supporting supply chain
Quantum Enterprise Zone (QEZ) Program is administered at the state level. Depending on the program, eligibility may depend on the specific location, property type, or business activity rather than a single drawn boundary.
Boundaries are precise and change over time, so whether a specific address falls inside a mapped zone always depends on that exact address. The fastest way to check is to run a free snapshot for the parcel you have in mind — mapped coverage is a location signal, not an eligibility determination.
Range on file · Utility + sales tax exemptions + income tax credits
Current published terms as of 2026-08-09
- +Utility tax exemptions (electric, gas, telecom)
- +Sales tax exemptions on qualifying equipment and materials
- +Income tax credits for qualified investments
- +Co-location benefits with anchor tenants at IQMP
- 1Confirm tenancy in a designated Quantum EZ campus
- 2Apply through DCEO with tenant agreement and operating plan
- 3Obtain BMEC for material purchases
Call DCEO at (217) 782-7500 about Quantum EZ tenancy
- Tenant agreement at IQMP or other QEZ campus
- Business plan describing quantum-tech operations
- Investment and hiring projections
This page is a starting point, not eligibility, legal, or tax advice. Verify current requirements, deadlines, and boundaries with the administering agency before applying or spending money — program rules and funding change over time.
- Building Materials Exemption Certificate (BMEC) — Illinois Department of Revenue
- Phone
- (217) 782-7500
- Web
- Visit site ↗
Last verified 2026-08-09
Federal Opportunity Zone incentive: investors who reinvest capital gains through a Qualified Opportunity Fund into a designated zone receive tax reductions scaled to how long the investment is held. Illinois' current zones remain active for investment; a new round of IL-nominated zones takes effect January 1, 2027 under OZ 2.0.
Illinois Enterprise Zones offer state and local tax incentives to stimulate economic growth in economically depressed areas, including sales tax exemptions on building materials, utility tax exemptions, and investment tax credits.
The Economic Development for a Growing Economy (EDGE) program provides Illinois income tax credits against state withholding for businesses that create or retain jobs. Amended by HB2755 / P.A. 104-0006 (June 2025) to expand withholding-credit elections and require 10-day public posting of EDGE agreement terms.
REV Illinois (Reimagining Electric Vehicles in Illinois) provides project-by-project tax credits for businesses in the electric vehicle and renewable energy supply chain. Negotiated with DCEO across four investment/job tiers.