quantum Business Innovation and Growth (qBIG) Group

This is an IOP special interest group, which is a community of IOP members focused on a particular discipline, application or area of interest.

Special interest groups allow members to connect, share knowledge and collaborate. The IOP funds groups to deliver a range of activities including events, prizes and bursaries. All of our groups are driven by members.


About the group

As a member-driven group, we support the growing business community of industrial quantum physicists, engineers, innovators and entrepreneurs, and the curious who want to know more about this sector.

Membership of our group can support you and your organisation through:

  • an engaging events programme;
  • collaboration with other IOP special interest groups and other related IOP or learned society groups; and
  • an annual prize to support early-stage business start-ups.

What the group does

Our group gives members opportunities for:

  • increasing awareness of the potential of quantum technology;
  • collaboration and business development opportunities across a broad range of sectors;
  • showcasing businesses and state-of-the art capability;
  • linking business to centres of excellence, support and investment;
  • identifying and promoting the formation of new supply and value chains;
  • stimulating debate around sustainability and ethical issues arising as the sector grows;
  • representing the community to national and regional policymakers;
  • capturing and communicating developing infrastructure requirements;
  • accessing professional development for the quantum workforce;
  • informing IOP members in industry about relevant developments in quantum technologies; and
  • providing a networking platform for members to share their experiences.

Joining an IOP special interest group

For non-IOP members: Become a member now

For IOP members: Find out how to join a group

Group prize

Quantum and Business Group Prize

The quantum Business Innovation and Growth (qBIG) Group awards an annual prize of £10,000 for very early-stage innovative quantum businesses taking technology to market. The prize is sponsored by Quantum Exponential, who are investing in quantum technology companies around the world.

This award is for companies that can demonstrate:

  • excellent physics;
  • innovative application;
  • evidence of market need;
  • evidence of competitiveness; and
  • a credible team.

Details on how to apply for this prize will be announced shortly.