Feasibility Studies in Quantum Computing Applications
Innovate UK, part of UK Research and Innovation will invest up to £8 million in innovation projects. These will be for innovative solutions to industrial problems using quantum computing (QC) and explore the impact and feasibility of such applications.
The aim of this competition is to bring together end-users from many industry sectors, with experts in QC. They will identify and develop use cases in the UK that demonstrate the potential and commercial benefits of this technology.
The industry sectors are, but not limited to:
- manufacturing
- transport
- financial services
Eligibility
Your project must:
- have total costs of up to £500,000
- start by 1 September 2023
- end by 28 February 2025
- last up to 18 months
- have one or more end users within the consortium
- carry out its work in the UK
- intend to exploit the results from or in the UK
To lead a project your organisation must:
- be a UK registered business of any size
- collaborate with other UK registered organisations
To collaborate with the lead, your organisation must be one of the following UK registered:
- business of any size
- academic institution
- charity
- not for profit
- public sector organisation
- research and technology organisation (RTO)
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 project costs.
A business can only lead on one application but can be included as a collaborator in a further 2 applications. If an organisation or business is not leading any application, it can collaborate in any number of applications.
Scope
The aim of this competition is to bring together end users from many industry sectors, with experts in Quantum Computing (QC). They will identify and develop use cases in the UK that demonstrate the potential and commercial benefits of this technology.
The industry sectors are, but not limited to:
- manufacturing
- transport
- financial services
The proposal must identify a commercial application of QC. It must address one or more of the following activities:
- developing a use case with clear industrial applications
- developing a novel quantum algorithm or apply an existing one for solving problems observed in industry
- analysing the hardware and software requirements for solving industrial problems with quantum computers
- benchmarking a quantum application solution on quantum hardware or on a quantum emulator
- developing hardware tied to a particular application or set of applications
We are not funding projects that:
- do not directly address a specific industrial problem or set of problems
- do not specifically involve an application of quantum computing
- seek to demonstrate the advantage of classic computing over quantum computing
Our team is available to support your business in implementing SLA's - get in touch with one of our consultants.
phone: 0116 223 5887 or email: info@rdsconsultants.co.uk
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