Commercialising Quantum Technologies: Feasibility Studies Round 2

UK registered businesses can apply for a share of up to £7 million for feasibility studies or market research projects that advance the commercialisation of quantum technologies in the UK. This funding is from the ISCF. Interested? Feel free to contact us.

Dates:

Competition closes: 10 March 2021, 11am

Applicants notified: 30 April 2021

Project start date & duration: no later than 01 February 2022, 12-18 months

Scope

The project must:

  • study a commercial opportunity
  • quantify performance objectives
  • provide a roadmap of future exploitation
  • exploit second generation quantum techniques

Second generation quantum technologies are defined as those involving the generation and coherent control of quantum states, resulting in phenomena such as superposition or entanglement. We consider technologies involving single photon generation and quantum computing to be in scope.

You must describe how you will collect project metrics, including:

  • investment in addition to the project partner matched funding
  • additional capital investment aligned to or dependent on the project outcomes

Your project must address at least one of the following:

  1. Connectivity: techniques for securing data in storage and in flight.
  2. Situational Awareness: Autonomous systems. Sensors and detectors for the built environment, transport and infrastructure. Imaging and sensing “seeing things currently invisible”.
  3. Computing: Transformational computers for solving currently intractable problems.

A portfolio of projects across a variety of technologies, markets, and technological maturities will be funded.

Specific Themes

  • involve consortia which span the supply chain of component suppliers, system integrators, and end user businesses
  • focus on maximising UK return from the quantum technology research undertaken by the UK academic base
  • bring significant new investment and businesses into the UK’s growing quantum technologies sector
  • develop the quantum computing industry sector (hardware, components, simulators, algorithms and software)

Eligibility

  • Subsidy Control funding rules apply
  • Projects can be single or collaborative but must be led by a business and must include an SME
  • R&D work must be carried out in the UK and project results exploited from the UK
  • Subcontractors, preferably UK-based, with costs justified and appropriate to the eligible project costs can be employed. For overseas subcontractors, a case must be made why no UK-based subcontractor can be used.

Funding Rates

Total eligible project costs up to £500K for feasibility studies or up to £50K for market research (£7M pot).

  • Micro/small business <70%
  • Medium sized business <60%
  • Large business <50%

Research organisations in your consortium can share up to 50% of the UK total eligible project costs.

Need help?

Please contact us for further information on the funding scheme, to discuss a project or how we can support you with an application.

More details and other funding opportunities from Innovate UK can be viewed here.