BC – Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced over $11 million in Regional Quantum Initiative (RQI) funding to three innovative B.C.-based organizations.
The projects announced today include:
Regional Quantum Initiative
1QB Information Technologies, Inc. (1QBit)
$3,488,806
The funding will support the development and commercialization of 1QBit’s Topological Quantum Architecture Design (TopQAD™️). This innovative software suite will help the quantum industry by lowering the uncertainty in fault-tolerant quantum computing development, therefore reducing time for development, testing, and commercialization of quantum-related technologies.
Simon Fraser University
$4,300,000
The funding will add new quantum manufacturing infrastructure to help industry users develop new products, mitigate supply chain risks by manufacturing locally and train the highly-talented workforce to use the tools and produce commercializable outcomes.
University of British Columbia
$3,247,713
The funding will increase capacity to commercialize quantum technologies at the Stewart Blusson Quantum Matter Institute (SBQMI). The funding will expand the institute’s fabrication and computing capabilities, launch a new quantum foundry and develop a business scale-up strategy for small- and medium-sized enterprises. This project will help companies that use the institute to facilitate rapid prototyping of products, accelerating the path to market and increasing the likelihood of successful commercialization.