The NQM will offer grants to 10 to 15 startups in the next three months. These grants aim to enable startups to grow, scale, and expand globally. This was announced by NQM's board chairman Ajai Chowdhury.
The plan is to set up four independent section 08 companies, each focused on a specific area – computing, communications, sensing, and materials. These companies are expected to take India-developed quantum products to a global audience.
The government is keen on increasing research and development in quantum technologies (QT). Startups working in this field will receive support to advance quantum computing and related technologies.
Funding Range: The grants will range from Rs 2 crore to Rs 25 crore, based on the startup's technology readiness level and other factors.
This initiative aims to accelerate quantum technology development and research, fostering innovation in India's startup ecosystem.
How to Apply
To apply for the National Quantum Mission grants for quantum computing startups in India, follow these steps:1. Eligibility Check: Ensure your startup meets the eligibility criteria set by the National Quantum Mission. Typically, this includes being a registered Indian company with a focus on quantum technologies.
2. Prepare Documentation:
- Business Plan: Create a detailed business plan that outlines your startup's goals, technology, and market potential.
- Technology Proposal: Describe your quantum computing project, its innovation, and how it aligns with the mission's objectives.
- Financial Projections: Provide financial projections, including how the grant will be utilized.
3. Application Submission:
Keep an eye out for official announcements regarding the application window.
Submit your application through the designated portal or channel specified by the National Quantum Mission.
4. Evaluation and Selection:
Your application will be evaluated based on technical merit, feasibility, and impact.
If shortlisted, you may be invited for an interview or presentation.
5. Grant Utilization:
If approved, utilize the grant for research, development, and scaling up your quantum computing project.
Remember to stay updated on official announcements and guidelines from the National Quantum Mission.
Keep an eye out for official announcements regarding the application window.
Submit your application through the designated portal or channel specified by the National Quantum Mission.
4. Evaluation and Selection:
Your application will be evaluated based on technical merit, feasibility, and impact.
If shortlisted, you may be invited for an interview or presentation.
5. Grant Utilization:
If approved, utilize the grant for research, development, and scaling up your quantum computing project.
Remember to stay updated on official announcements and guidelines from the National Quantum Mission.
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