Australian New South Wales Government to Provide $7 Million AUD ($4.6M USD) in Funds for Quantum Commercialization
dougfinke2023-12-14T17:42:00-08:00The Australian New South Wales (NSW) government will be providing enterprises in the state with funds to support commercializing of their idea and enable them to attract large-scale private investment. The NSW government has identified quantum technology as a high value sector. This program is targeting quantum hardware or software technologies at the Technology Readiness Level of between TRL 3-7 (i.e. early stage or mid-stage commercialization) . The grants will be made to enterprises for amounts between $200,000 to $4,000,000 AUD ($139K USD to $2.8M USD) and will be provided as a one time grant. If the project becomes successful, the [...]