Key Features
UK businesses can apply for a share of up to £27 million to collaborate on developing quantum products and services. This funding is from the Industrial Strategy Challenge Fund.
Programme: Innovate UK
Award: Share of up to £27 million
Opens: 5th Aug 2019
Closes: 30th Oct 2019
Overview
The aim of the competition is to advance the commercialisation of quantum technologies in the UK through the investment of up to £27 million in innovation projects. Projects should focus on one or more of the following technical challenges:
Scope
Your proposal must identify a clear market opportunity and an innovative project that exploits it.
The project must:
The project must also exploit second generation quantum techniques. These are defined as the generation or clear control and manipulation of quantum states, resulting in superposition and entanglement (single photo generation/detection and quantum computing are in scope).
You must describe how project metrics will be collected. Such metrics must include:
You must address at least one of the following:
Innovate UK are particularly encouraging applications that:
Eligibility
Projects must be collaborative and involve a micro, small or medium sized enterprise (SME).
To lead a project your organisation must:
To collaborate with the lead organisation you must:
The lead and at least one other organisation must claim funding.
Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total eligible project costs.
You should make sure that your participation in a project does not prevent any intellectual property (IP) generated by the project from being exploited in the UK.
Funding Costs
There is up to £27 million allocated to fund innovation projects in this competition. Your project’s total eligible costs must be between £2 million and £10 million.
For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
The research organisations in your consortium can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation, this maximum is shared between them.
Projects must last between 18 and 36 months and must start on or before June 2020.
Exclusions
Innovate UK are not funding projects that do not exploit second generation quantum techniques.