By IQT News posted 28 Jul 2021

(DailyHive) The new Quantum Algorithms Institute at Simon Fraser University’s (SFU) Surrey campus at Central City has received a $2.21 million infusion from the Canadian federal government.
The establishment of this new institute at the university will educate new talent in using quantum computing technology to solve problems in manufacturing, natural resources, finance, engineering, healthcare, defence, transportation, telecommunications, and life sciences. It will issue a new graduate degree program in quantum computing.
While the institute is located at SFU, other founding academic partners include the University of British Columbia and the University of Victoria. Major industry partners in the local business community entail Amazon Web Services, Microsoft, IBM, D-Wave, Photonic, and 1-QBit.
On behalf of the Institute, SFU and all partners, I would like to thank Western Economic Diversification Canada for their generous support,” said Dugan O’Neil, vice-president of research and international for SFU, in a statement.
“This funding will further contribute to the mission of the Institute in bringing academia, industry and government together, and raise awareness of the province’s flourishing reputation as a leader in quantum computing.”

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