Up to $4 million in grant funding for Quantum Computing

Written By Anne Furey

The NSW Government are inviting applications from eligible organisations to support projects that progress quantum computing hardware and/or software towards commercialisation within NSW.

The Quantum Computing Commercisliation Fund (QCCF) is a competitive, technology development and commercialisation funding program targeting innovative quantum computing hardware and/or software projects which are at Technology Readiness Levels (TRL) of 3-7.

The program aims to support the progression of the development and enable project proponents to attract large-scale private investment.

Eligible applicants must be based and headquartered in NSW and be one of the following:

  • An incorporated Australian company, including a company limited by guarantee, which holds an Australian Business Number (ABN)

  • An Aboriginal and/or Torres Strait Islander Corporation registered under the Corporations (Aboriginal and/or Torres Strait Islander) Act 2006

  • An individual or partnership who agree to form a company under the Corporations Act 2001 (Cth)

  • A NSW public research organisation applying through its technology grander office, or the Chief Executive Officer (or equivalent) of the research organisation that will become a separate entity prior to entering into a legally binding funding Deed of Agreement with DEIT

Eligible project must:

  • Have a maximum project period of three years

  • Have clear, achievable, measurable milestones

  • Seek to progress an innovation along the commercialisation pathway

  • Have an existing prototype / proof of concept

  • Be TRL 3 -7 on the TRL Scale (see guidelines here)

  • Demonstrate why sufficient funding for the entire project cannot be accessed from alternative funding sources and that the project would not proceed at the proposed scale in NSW without Government support

Funding can be used for:

  • prototype and pilot studies

  • manufacturing and/or scaling

  • conducting market and product assessments

  • salaries and access to external expertise that is directly related to delivery of the proejct

  • commericalsiatoin strategies and commercial feasibility studies

  • specialist equipment and/or infrastructure necessary to progress the project

  • intellectual property protection or advice

Application close on 2nd February 2023. For more information and to access the application form click here.

Anne Furey
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