Commercialisation of quantum technologies: apply for funding

Businesses could win a share of £19.5 million to develop quantum technology prototypes or establish technical or market feasibility.Innovate UK and the Engineering and Physical Sciences Research Council (EPSRC) are inviting business to apply for a share of £19.5 million.The aim of this competition is to encourage collaborative R&D projects and feasibility studies that will either:develop prototype devices and demonstrators of quantum technologies or their component technologiesimprove the understanding of the technical, business or market challenges of taking a new device or service to marketFeasibility studies can range in size from total costs of £50,000 to £400,000. They should last between 6 months and 1 year.Collaborative R&D projects can range in size from total costs of £500,000 to £2 million. They should last up to 2 years and must be completed by 31 March 2019.Quantum technologies is a new and exciting £1 billion sector which we predict will grow over the next decade. This competition is part of the government’s £270 million investment in establishing the UK as a global leader in this large and promising future industry.Competition informationThis competition opens on Monday 18 July 2016The registration deadline is noon on Wednesday 28 September 2016The application deadline for the expression of interest stage is noon on Wednesday 5 October 2016There will be briefing events for potential applicants:18 July 2016 in London19 July 2016 in Cardiff21 July 2016 in GlasgowThere will be extra events in Birmingham and York in September. There will also be a webinar briefing on 6 September. We will publish links to these on the competition notice page when more information is available.