Objective The goal of the PoC is to take a newly discovered phenomenon in quantum electronic materials into a potentially disruptive memory technology offering unprecedented high speed, low energy consumption combined with low temperature operation. With the PoC grant we aim to establish (i) viability of such memory devices within the scope of ultrafast low-temperature quantum computing and clarify the most important outstanding technical issues for implementation (ii) generate a business plan and asses the timescale for exploitation, and (iii) establish an intellectual property portfolio with an exploitation strategy. The PoC will define key activities, build a value proposition for a startup company and identify customer segments with industry partners.The PoC would also prepare the ground, and establish vital parameters for a next stage of funding within the Quant-ERA-net project and the upcoming Quantum Technology Flagship. This proposal should be viewed against the backdrop of stalled Moore's law, remarkably fast increases in energy consumption of the information technology sector and overall direction of High Performance Computing (HPC) evolving into quantum technology. The successful completion of the PoC would an important contribution to the upcoming EU Quantum Technology Flagship, demonstrating leadership in competition with US, Japanese, and Chinese developments in HPC.The outcome of the project would be a breakthrough technology showcase opening the way to large strides in the development of future high-performance cryogenic computing. Fields of science engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringcomputer hardwarequantum computers Programme(s) H2020-EU.1.1. - EXCELLENT SCIENCE - European Research Council (ERC) Main Programme Topic(s) ERC-2017-PoC - ERC-Proof of Concept Call for proposal ERC-2017-PoC See other projects for this call Funding Scheme ERC-POC - Proof of Concept Grant Coordinator INSTITUT JOZEF STEFAN Net EU contribution € 84 998,00 Address Jamova 39 1000 Ljubljana Slovenia See on map Region Slovenija Zahodna Slovenija Osrednjeslovenska Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Beneficiaries (2) Sort alphabetically Sort by Net EU contribution Expand all Collapse all INSTITUT JOZEF STEFAN Slovenia Net EU contribution € 84 998,00 Address Jamova 39 1000 Ljubljana See on map Region Slovenija Zahodna Slovenija Osrednjeslovenska Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 CENTER ODLICNOSTI NANOZNANOSTI IN NANOTEHNOLOGIJE - NANOCENTER, LJUBLJANA Slovenia Net EU contribution € 64 454,00 Address Jamova cesta 39 1000 Ljubljana See on map Region Slovenija Zahodna Slovenija Osrednjeslovenska Activity type Other Links Contact the organisation Opens in new window Website Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00