Amaravati, June 18 (PTI) The Andhra Pradesh government will launch a dedicated quantum incubator for deep-tech startups here on June 19 in collaboration with a university in Chandigarh and AQV.
The launch marks a significant step towards building India’s premier quantum and deep-tech innovation ecosystem.
The quantum incubator, named Chandigarh University Business Incubation Centre (CUBIC), is being established as a dedicated platform to incubate and accelerate startups working in quantum technologies, AI, advanced semiconductors, robotics, space technologies and other frontier technology domains, according to a release.
“The quantum incubator, being launched in collaboration with a private university in Chandigarh and Amaravati Quantum Valley on June 19, reflects Andhra Pradesh’s commitment to positioning Amaravati as a leading hub for quantum technologies and deep-tech innovation,” it said.
The initiative will serve as a catalytic node within the Amaravati Quantum Valley ecosystem, helping transform breakthrough ideas, research and talent into globally competitive deep-tech enterprises.
The incubator will provide startups access to mentorship, research collaborations, investor networks, incubation infrastructure, industry partnerships and opportunities to leverage the quantum ecosystem being developed in the state.
Founders will benefit from access to specialised laboratories, quantum computing resources, innovation programmes and market-linkage support aimed at accelerating product development and commercialisation, said the press release.
The incubator will initially operate from Medha Towers in Amaravati, enabling immediate startup onboarding and ecosystem development activities.
Over time, it is envisioned to evolve into a larger innovation and technology hub supporting the growth of deep-tech ventures and the commercialisation of emerging technologies, the release said.
The launch event will bring together policymakers, industry leaders, investors, researchers, startup founders and ecosystem partners to deliberate on opportunities emerging from the quantum economy and the role of deep-tech entrepreneurship in driving innovation-led growth.
The programme will feature addresses by senior government officials, industry experts, investors and technology leaders, followed by startup-investor interactions and ecosystem networking sessions.
The initiative aims to nurture startups, generate high-value employment, attract investments and position Amaravati as a global destination for quantum and deep-tech innovation, it added. PTI MS SSK
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