UK Holding Competition to Fund £46.8 million ($65M USD) in Quantum Research and Development

The UK Research and Innovation’s Industrial Strategy Challenge Fund is holding a competition to fund research and development to help commercialize quantum technology. Projects proposed must be related to either quantum communications, quantum sensors or quantum computing. The selected projects must have eligible costs between £2 million and £20 million with a maximum grant award per project of £10 million. Proposals will be accepted through April 28, 2021 with project start dates beginning April 1, 2022 and lasting for a duration of 24 to 36 months. Project leads must be a UK registered business of any size with all project work carried out in the UK. Additional information about the competition is available in a news release on the UK Research and Innovation website here and also a competition overview page which you can find here. This competition is one of several projects that are part of UK Research and Innovation's (UKRI) investment of £153 million ($213M USD) to commercialize quantum technologies. Information about other quantum programs can be found on a web page here.

March 13, 2021