Quantum Business Innovation and Growth Prize

About

The Institute of Physics (IOP) is offering the Quantum Business Innovation and Growth Prize to small and medium-sized companies, startups, or established businesses working on quantum technology products or solutions, providing a cash prize, mentoring, access to the IOP Accelerator, and networking opportunities to accelerate growth and innovation in the quantum sector.

Benefits

• The winning company will receive a £10,000 cash prize, 10 months of mentoring from the Quantum Exponential team, six months' access to the IOP Accelerator, IOP business support, a digital trophy for marketing materials, an invitation to exhibit at the IOP Business Innovation and Growth Showcase, and recognition in IOP marketing materials and social media networks.

Eligibility Criteria

• Companies must be SMEs incorporated in the UK or Ireland, startups, or established companies working on quantum technology products or solutions, with a sound business plan aiming to make a profit, proof of validation of product need, intention to seek external equity funding, and ability to show how the prize money would add value to the organization.