(TheStreet) Vancouver-based 1QBit Information Technologies Inc. will be receiving one of Canada’s annual Mitacs Award for Exceptional Leadership — Industry for its pioneering work to advance quantum computers. 1QBit company was cited for “. .. making breakthrough strides in developing the next evolution of computing software that aims to solve the world’s most challenging and complex problems by employing new types of computing hardware”.
Canada’s Mitacs, a national innovation organization that fosters growth by solving business challenges with research solutions from academic institutions, annually celebrates students, professors, and business owners who have made significant achievements while participating in Mitacs-funded programs. They include six awards for outstanding innovation, one for exceptional leadership, and one for commercialization of a novel idea.
“Over the past decade, the Mitacs Awards have grown to become one of Canada’s top research and innovation celebrations,” said Mitacs CEO and Scientific Director John Hepburn. “The awards highlight outstanding examples of industry-academic collaborations and celebrate the remarkable accomplishments of Mitacs interns, as well as industry and academic partners. The collaborations provide immediate and long-term benefits to Canada, helping to drive innovation through this pandemic and build resiliency for future success.”
Mitacs is funded by the Government of Canada along with the Government of Alberta, the Government of British Columbia, Research Manitoba, the Government of New Brunswick, the Government of Newfoundland and Labrador, the Government of Nova Scotia, the Government of Ontario, Innovation PEI, the Government of Quebec, the Government of Saskatchewan, and the Government of Yukon.