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Innovate UK puts up £30m for quantum technologies

Image: Yurchanka Siarhei, via Shutterstock

Funding for businesses available through Industrial Strategy Challenge Fund

Innovate UK is looking to fund the commercial use of quantum technologies with £30 million of cash from the Industrial Strategy Challenge Fund.

The money will go to projects that speed up the commercialisation of quantum technologies, the funder announced on 23 October. It hopes the projects it backs will lead to products and services in the automotive, healthcare, defence and other sectors.

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