Innovation Fund Denmark opens for applications for quantum projects
August 10. 2023
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Researchers and innovation partnerships can apply to Innovation Fund Denmark for up to 90 percent funding of quantum projects until 5 October. The announcement "Quantum Technologies Call" originates from the government's Strategy for Quantum Technology and must, among other things, contribute to maintaining and developing Danish quantum research as an international position of strength.
With the publication of quantum technology-the call "Quantum Technologies Call", Innovation Fund Denmark will invest a minimum of DKK 116 million in both ground-breaking quantum research and partnerships with companies in all areas of quantum technology - from hardware and materials to software and algorithms.
The purpose is to mature both the research and the business team and ensure that there is a solid basis for the application and, in the long term, commercialization of Danish quantum technology.
Kvante- the call is part of the realization of the government's Strategy for Quantum Technology , which must contribute to Denmark maintaining its international position of strength in the field, and that we succeed in translating research into new quantum technology solutions to global challenges.
- We have great ambitions for the development and application of quantum technology in Denmark. Danish quantum research is already at the forefront of the international elite and enjoys great recognition, but if we are to keep up with developments and participate in increasing global competition for talent, investments and knowledge, there is a need for us to make an extra effort. Especially because of quantum technology's security challenges, said Education and Research Minister Christina Egelund in connection with the launch of the quantum strategy.
Quantum technology is expected to play a decisive role in both health, green transition and cyber security.
- Quantum technology has the potential to solve some of the major societal challenges. Among other things, the current war in Ukraine has emphasized the need for technology that can support our defense and security and stem cyber attacks on critical infrastructure. It is important to get Denmark well involved in the international quantum race, says Cecilie Brøkner, director of Innovation Fund Denmark.
Facts about the quantum announcement
Opens for applications: 10 August 2023
Application deadline: 5 October 2023, at 12.00 CEST
Project duration: 1-5 years
Total budget: Minimum DKK 116.3 million.
Investment per project: From DKK 5 million to DKK 40 million.
Special conditions:
Applications must broadly follow the guidelines for the Grand Solutions programme. However, with significant adaptations:
Project financing up to 90 percent
In this specific call, the ceiling for total project funding is up to 90 percent. The funding rate follows the state aid rules, and the project's funding rate depends on the composition of partners. If, for example, a project only consists of university partners, the funding rate can reach 90 percent. This allows companies and research institutions to obtain the maximum state aid funding, 75 percent and 90 percent respectively, in the same project, depending on the nature of the research and project activities.
Projects do not need to have industry participation
Possibility of project start in very low TRL levels
Projects can be at very low TRL levels. For projects with technologies at a low TRL level (2-3), there is a requirement for a clear description of use and possible commercial potential in the long term, as well as how the results will influence and promote current or future Danish positions of strength within quantum technology.
