New South Wales government supports quantum ecosystem with $7 million commercialisation fund

NSW government announced a new $7 million Quantum Computing Commercialisation Fund. The fund aims to support companies with quantum computing hardware or software within Technology Readiness Level 3 – 7.

The New South Wales government announced a $7 million Quantum Computing Commercialisation Fund to support companies with quantum computing hardware or software within Technology Readiness Level 3 – 7. This fund will target startups and existing deep-tech companies to ensure that innovative projects are accelerated towards commercialising quantum computing.