UCalgary’s Quantum City, QAI Ventures partner to establish quantum technology accelerator

The University of Calgary’s Quantum City has entered a non-binding letter of intent with the venture capitalist firm QAI Ventures. The proposed collaboration will establish the QAI Ventures Accelerator, powered by Quantum City, which will build and promote Alberta’s quantum ecosystem. The accelerator will achieve this by providing entrepreneurs with access to cutting-edge technology, expert guidance, and tailored mentorship as they take their projects from the lab to the market. “Through this partnership, we’ll be able to speed up the process for [start-ups] with innovative ideas to develop their projects into marketable solutions for tomorrow’s problems,” said UCalgary VP (Research) Dr William Ghali.

UCalgary | Calgary Herald (Acct Req)