£1 million is available for high-risk, high-return quantum technology projects with defined commercial outputs. The funding is from the Commercialising Quantum Technologies programme of the Industrial Strategy Challenge Fund (ISCF). It aims to advance the commercialisation of quantum technologies in the UK through the development of early-stage quantum technology opportunities.
This competition is split into 3 strands: ‘Feasibility Studies R2’, Germinator projects (this strand) and ‘CR&D and Tech 2.’
Scope – Your Proposal
All proposals must identify a promising application of quantum technologies, a project to demonstrate its potential and a route to market. In more detail, your project must:
- Identify a commercial opportunity
- Quantify technological outcomes
- Provide a roadmap of future exploitation
- Exploit second generation quantum techniques
You should also identify any future work and funding that you will require to bring your project to commercial maturity.
Eligibility – Who Can Apply?
Firstly, your project’s total eligible costs must not exceed £50,000. In addition, it should last for a total of 6 months, starting by 1st October 2021 and ending by 31st March 2022. To lead a project, your organisation must:
- Be a UK registered business, public sector organisation, academic institution, research and technology organisation (RTO) or research organisation
- Carry out its project work in the UK
- Intend to exploit the results from or in the UK
A research organisation, academic institution, research and technology organisation or research organisation cannot work alone, but they can lead a project if they have a UK registered business as a partner.
This competition is open from 10th February until 31st March. For more information, please visit the Innovate UK competition page or contact us.
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