Greater than $9.3 million over six years accessible by way of PrairiesCan to commercialize quantum applied sciences
EDMONTON, AB, Dec. 6, 2022 /CNW/ – Quantum know-how is at the vanguard of science and innovation, and may have a transformative affect on many sectors of the financial system. To make sure Canadian entrepreneurs are well-positioned to reap the benefits of these alternatives, the Authorities of Canada is making strategic investments to develop quantum-ready applied sciences, corporations and expertise; and to solidify Canada’s international management on this space.
At the moment, the Honourable Dan Vandal, Minister for PrairiesCan, introduced that the Regional Quantum Initiative (RQI) is open for purposes throughout the Prairies. Greater than $9.3 million is obtainable over six years to help eligible companies and organizations to advance and commercialize their quantum merchandise and options for home and international markets. This funding is a vital subsequent step in advancing the commercialization pillar of the forthcoming Nationwide Quantum Technique and may lead transformative applied sciences in fields corresponding to computing, sensors, safe communications and superior supplies improvement. The Technique’s different pillars are devoted to advancing analysis and growing expertise.
Non-repayable and repayable contributions might be offered for initiatives that contain a variety of actions to exhibit, commercialize and scale-up Canadian-made quantum applied sciences, options and firms. Undertaking examples embrace know-how demonstration geared in direction of market progress; commercialization geared toward bringing new applied sciences to market; enterprise improvement and capability constructing; and adopting quantum applied sciences.
Expressions of curiosity at the moment are being accepted. For extra info on eligibility standards, eligible prices, or to use to the Regional Quantum Initiative, go to PrairiesCan’s RQI net web page.
Quotes
“Quantum know-how may have a major affect throughout many sectors together with manufacturing, engineering, healthcare, transport, telecommunications and life sciences. The quantum know-how sector is on a excessive progress trajectory worldwide, and presents a major alternative for financial progress and the creation of high-paying jobs for staff in Alberta and throughout the West. With this funding, PrairiesCan is supporting the expansion of rising sectors and enhancing the worldwide competitiveness of western companies.
–The Honourable Dan Vandal, Minister for PrairiesCan
“Quantum science has monumental potential for commercialization. Developments in quantum will remodel a lot of contemporary know-how and lots of Canadian entrepreneurs are already main the way in which. To help the forthcoming Nationwide Quantum Technique, our authorities continues to put money into quantum analysis and commercialization to cement Canada’s management on this subject.”
–The Honourable François-Philippe Champagne, Minister of Innovation, Science and Trade
Fast info
- Quantum science is the examine, manipulation and management of methods on the atomic and subatomic stage. Quantum science can result in transformative applied sciences in fields corresponding to computing, sensors, safe communications and superior supplies improvement.
- Potential areas of quantum know-how for funded initiatives might embrace: quantum computer systems, quantum software program, quantum sensors, quantum communications and quantum supplies.
- Finances 2021 introduced a $360-million Authorities of Canada dedication to launch a Nationwide Quantum Technique to help a vibrant Canadian quantum business and assist construct the workforce wanted to solidify Canada’s international management on this rising sector.
- As a part of the Nationwide Quantum Technique, the Authorities of Canada is already serving to Canadian corporations convey their quantum applied sciences to market– together with funding by way of ISED’s Progressive Options Canada program, the Nationwide Analysis Council of Canada’s (NRC) Problem packages and the Regional Quantum Initiative program (RQI) supplied by way of PrairiesCan.
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SOURCE Prairies Financial Growth Canada
For additional info: Ryan Cotter, Director of Communications, Workplace of the Minister of Northern Affairs, Minister accountable for Prairies Financial Growth Canada, and Minister accountable for the Canadian Northern Financial Growth Company, [email protected]; Rohit Sandhu, Communications Supervisor, Prairies Financial Growth Canada, [email protected]
