The Purdue Quantum Science and Engineering Institute is being established at Purdue University in order to foster the development of practical and impactful aspects of quantum science. The Institute intends to focus on discovering and studying new materials and basic physical quantum systems that will be best suited for integration into tomorrow's technology. It will encourage interdisciplinary collaboration leading to the design and realization of industry-friendly quantum devices with enhanced functionality and performance close to the fundamental limits. Finally, the Institute will lay out strategies for the design of systems based on these devices in order to bring these new levels of functionality and performance to a vast community of users.