Information about COVID-19 at Pacific Institution

Backgrounder: Government of Canada supports growth and innovation in British Columbia’s quantum technology industry

May 30, 2024 at 1:31 pm  Federal, Politics

Today, the Honourable 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.

Related products

View the full article from the original source

No conversations yet

Activity Stream

Thu, Jun 6, 2024 at 8:00 am - David Suzuki posted on their blog: Ignoring climate crisis won’t make it disappear
Thu, May 30, 2024 at 8:00 am - David Suzuki posted on their blog: False balance favours industry over wildlife
Thu, May 23, 2024 at 8:00 am - David Suzuki posted on their blog: The buzz on wild bees versus honeybees
Thu, May 16, 2024 at 8:00 am - David Suzuki posted on their blog: High hopes for hemp? – David Suzuki Foundation
Thu, May 9, 2024 at 8:00 am - David Suzuki posted on their blog: Profit obsession inflames environmental racism
Thu, May 2, 2024 at 8:00 am - David Suzuki posted on their blog: LawnShare helps create vibrant, biodiverse havens
Thu, Apr 25, 2024 at 8:00 am - David Suzuki posted on their blog: The dry facts about increasing water scarcity
Thu, Apr 18, 2024 at 8:00 am - David Suzuki posted on their blog: Igniting the great global transformation
Thu, Apr 11, 2024 at 4:00 am - David Suzuki posted on their blog: Carbon pricing 101: How it works!
Full Stream