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Applications open for $18.5 million to establish new Australian Centre for Quantum Growth

Manufacturing News

The federal government has announced that funding of $18.5 million is available to set up an Australian Centre for Quantum Growth, part of efforts to see the nation does not “fritter away” a strong position in the early days of quantum technology commercialisation.

Federal industry minister Ed Husic officially opened applications for the grant during a Monday morning visit to QuintessenceLabs in Canberra.

The government cited the value of a “single front door” for domestic and international customers to engage with Australian researchers and quantum businesses in its case for a new Quantum Growth centre, adding that it would also increase public understanding of quantum technologies and their benefits.

Applications for the funding — announced in the May federal budget — closes on January 24, 2024.

“Time and again Australia has been at the front of the pack in emerging tech only to see that lead fritter away, without proper investment and support,” said Husic.

“Australia is one of the world’s top quantum destinations, based on decades of research excellence that’s translating into us having the fifth largest quantum workforce in the world.

The news follows announcements last week of grant applications opening for the federal Industry Growth Program and an investment mandate being given to the National Reconstruction Fund.

Picture: Credit Q-CTRL

Further reading

National Reconstruction fund investment mandate released

Do you have the right risk appetite? Applications open for grants up to $5 million through new Industry Growth Program

Aukus quantum sensing partnership launched

Australia, UK sign agreement to cooperate on quantum tech

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