National Quantum Mission Unveils Grants to Boost Quantum Computing Startups

Monday, 26 August 2024, 11:17

National Quantum Mission grants are set to boost quantum communication and computing. IIT Madras is playing a key role in measuring the impact of QCMC 2024 programs. This initiative aims to support startups focusing on advancements in quantum technologies.
Thehindu
National Quantum Mission Unveils Grants to Boost Quantum Computing Startups

National Quantum Mission Supporting Startups

The National Quantum Mission is on a mission to accelerate innovation in quantum communication and quantum computing. The governing board has announced its intention to offer grants to 40 to 50 startups aiming to develop and implement cutting-edge technologies.

Key Details of the Initiative

  • IIT Madras will play a significant role in overseeing the quantum measurement and computing (QCMC 2024) initiatives.
  • Funding will be aimed at startups creating transformative solutions in the quantum technology landscape.
  • Four independent Section 08 companies will be established to enhance collaboration within the sector.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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