Commercialising quantum: extra £3 million available
Additional funding for UK businesses and researchers to realise the potential of quantum technologies brings total up to £9 million.
Up to £9 million is now available for UK businesses and research organisations to work together to understand the feasibility of quantum technologies and develop the market.
Innovate UK will invest up to £6 million, with an additional £3 million co-funding announced from the Engineering and Physical Sciences Research Council (EPSRC). It is being run as part of the UK National Quantum Technologies Programme, government’s £270 million commitment.
The opportunities of quantum
The emerging quantum technologies sector is valued at £1 billion and offers substantial opportunities for innovative UK businesses.
We are seeking collaborative feasibility studies that improve understanding of the technical capabilities or quantum technologies, and the market for these products or services.
Your project could be:
- technical, establishing the feasibility of devices that exploit quantum phenomena
- non-technical, analysing future markets, applications or business models
- the competition is open, and the deadline for applications is 20 September 2017
- projects must be collaborative, with either a UK business or research and technology organisation as the lead
- projects should last between 3 months and one year
- total project costs should be between £40,000 and £500,000
Latest News from
New battery technologies for electric vehicles: apply for funding17/01/2018 16:05:00
Businesses can apply for a share of £25 million in the latest Faraday Battery Challenge opportunity, part of the Industrial Strategy Challenge Fund.
Commercial ideas in cyber security: apply for academic funding17/01/2018 11:25:00
Academics can apply for a share of up to £500,000 in grants to support innovative ideas in cyber security that have potential for commercialisation.
Designing roads for driverless vehicles: apply for contracts16/01/2018 15:20:00
Organisations can apply for a share of up to £200,000 to look at the design, management and use of UK roads for connected and autonomous vehicles.
Using simulation to test driverless vehicles: apply for funding16/01/2018 09:10:00
Businesses can apply for a share of up to £15 million to develop simulation technologies that help to speed up adoption of driverless and connected vehicles.