Quantum Computing Commercialisation Fund
NSW Government has strategically invested in a number of initiatives to support the formation of a global quantum ecosystem in NSW, showing thought leadership for the sector including investment in research, infrastructure and skills development.
NSW possesses the full complement of quantum computing capabilities, from theory and software to hardware, and is home to one of the largest cohorts of quantum talent internationally.
Quantum computing has been identified under both the NSW 20-Year R&D Roadmap and NSW Industry Development Framework as a high-value sector where NSW has a competitive advantage.
The NSW Quantum Computing Commercialisation Fund (QCCF) is a $7 million, single round, competitive technology development and commercialisation program focused on quantum computing funded by the NSW Government.
About the Fund
Grants of between $200,000 to $4 million are available for projects that progress quantum computing hardware and/or software towards commercialisation within NSW.
Funding can be used for:
- prototyping and piloting studies
- manufacturing and/or scaling
- conducting market and product assessments
- salaries and access to external expertise that is directly related to delivery of the project
- commercialisation strategies and commercial feasibility studies
- specialist equipment and/or infrastructure necessary to progress the project
- intellectual property protection or advice
The QCCF targets innovative quantum computing hardware and/or software within Technology Readiness Levels (TRL) 3 – 7 and aims to support them to move up the TRL scale, commercialise their idea and enable them to attract large-scale private investment.