Quantum Mission: Govt to shortlist start-ups for funding in 2 months

The department of science and technology (DST) has asked start-ups engaged in quantum technologies to submit their proposals to receive the government funding. The selected proposals will be funded with up to Rs 25 crore each under the National Quantum Mission (NQM), DST secretary Abhay Karandikar told FE.

He said that there are 45-50 start-ups in India which are working in the area of quantum technology, and the department will shortlist the most promising start-ups for funding in the next two months.