Regional Quantum Initiative opens for applications from the Prairie Provinces
by CM staff
More than $9.3 million over six years available through PrairiesCan to commercialize quantum technologies.
Regional Quantum Initiative Opens for Applications from the Prairie Provinces. Photo: CNW Group/Prairies Economic Development Canada.
EDMONTON — The Regional Quantum Initiative (RQI) is now open for applications across the Prairies. More than $9.3 million is available over six years to support eligible businesses and organizations to advance and commercialize their quantum products and solutions for domestic and global markets.
“Quantum technology will have a significant impact across many sectors including manufacturing, engineering, healthcare, transport, telecommunications and life sciences,” said Dan Vandal, Minister for PrairiesCan. “The quantum technology sector is on a high growth trajectory worldwide and presents a significant opportunity for economic growth and the creation of high-paying jobs for workers in Alberta and across the West. With this funding, PrairiesCan is supporting the growth of emerging sectors and enhancing the global competitiveness of western businesses.”
This investment the next step in advancing the commercialization pillar of the forthcoming National Quantum Strategy and can lead transformative technologies in fields such as computing, sensors, secure communications, and advanced materials development. The strategy’s other pillars are dedicated to advancing research and developing talent.
Non-repayable and repayable contributions will be provided for projects that involve a range of activities to demonstrate, commercialize and scale-up Canadian-made quantum technologies, solutions and companies. Project examples include technology demonstration geared towards market growth; commercialization aimed at bringing new technologies to market; business development and capacity building; and adopting quantum technologies.
For more information visit PrairiesCan’s RQI web page.
