To encourage more quantum startup companies in the U.K., in 2016 Britain’s Engineering and Physical Sciences Research Council (EPSRC) funded a pioneering skills and training hub at the University of Bristol, the Quantum Technology Enterprise Centre (QTEC). The centre, which offers a 12-month paid fellowship (£30,000 per annum salary and £12,500 travel and consumables budget) provides early career scientists and researchers who have a potentially commercially viable quantum technology with the coaching, mentorship, and resources to create an investable business proposition and start an early stage company.
Fellows will learn about the technology journey from conception, protection of IP rights, assessing markets and customer needs to learning about investment, progressing proof-of-concept technology demonstrators, business start-up/license agreements and how to manage a company. They will receive mentorship from a resident enterprise developer, mentors and from entrepreneurs in residence. For those familiar with the very successful Quantum Incubator Stream run by the Creative Destruction Lab at the University of Toronto, this program will look quite similar but has a deeper focus on training with additional hands-on support for early-stage businesses.
The application deadline for the next session is September 30, 2019 with a program start on November 25, 2019. For more details you can view the complete description on the University of Bristol’s web site here.