the NSF program to advance quantum computing
"Exploiting quantum mechanics to observe, manipulate, and control the behavior of particles and energy at atomic and subatomic scales, resulting in next-generation technologies for sensing, computing, modeling, and communicating.
Many of today's technologies -- lasers, computers, GPS and LEDs among them -- rely on the interaction of matter and energy at extremely small and discrete dimensions. By exploiting interactions of these quantum systems, next-generation technologies for sensing, computing, modeling and communicating will be more accurate and efficient. To reach these capabilities, researchers need understanding of quantum mechanics to observe, manipulate and control the behavior of particles and energy at dimensions at least a million times smaller than the width of a human hair.
Research into quantum materials is essential for preparing future scientists to implement the discoveries of the next quantum revolution into technologies that will benefit the average consumer. There will be strong connections to industry, federal agencies and international partners." - from NSF website
Most Money is going into large center grants, but there are some individual investigator grants that will be funded as well.
"Quantum Leap Challenge Institutes are large-scale interdisciplinary research projects that aim to advance the frontiers of quantum information science and engineering. Research at these Institutes will span the focus areas of quantum computation, quantum communication, quantum simulation and/or quantum sensing. The institutes are expected to foster multidisciplinary approaches to specific scientific, technological, educational workforce development goals in these fields. Two types of awards will be supported under this program: (i) 12-month Conceptualization Grants (CGs) to support teams envisioning subsequent Institute proposals and (ii) 5-year Challenge Institute (CI) awards to establish and operate Quantum Leap Challenge Institutes. This activity is part of the Quantum Leap, one of the research Big Ideas promoted by the National Science Foundation (NSF). The NSF Quantum Leap Challenge Institutes program is consistent with the scope of NSF multidisciplinary centers for quantum research and education as described in the National Quantum Initiative Act ." - NSF website