Quantum Projects Could Get Boost from UK’s £375 Million Plan to Drive Investment in Innovation
A new £375 million project to drive investment in the UK’s most high growth, innovative and R&D intensive firms has opened and will benefit quantum organizations. The move is designed to super charge the nation’s post-pandemic economy, according to the UK government. Under the UK-wide Future Fund: Breakthrough plan, the government will commit £375 million of funding — about a half billion dollars US — to fast-growing firms looking to raise at least £30 million of investment. To be eligible, businesses must have commitments of 70% of an investment round […]
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