Funding opportunity

Funding opportunity: EPSRC-NSF: Exploiting Quantum Information Science in Chemistry

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Apply for funding to create UK-US research partnerships to explore QIS concepts in the context of chemical systems, or that leverage QIS concepts to advance chemistry research.

This funding opportunity is run under the UKRI-NSF memorandum of understanding, with EPSRC acting as the lead agency for review purposes.

You must be based at a UK or US research organisation eligible for UKRI or NSF funding respectively.

We will fund up to four joint projects, to start 1 July 2025 lasting up to 36 months.

You can only apply for this funding opportunity if your expression of interest has been deemed eligible and has been accepted.

Who can apply

You can only apply for this funding opportunity if we have invited you to do so following  consideration of an expression of interest. Decisions on submitted EoIs will be made on a rolling basis, with the final date for EOI submissions on 26 November 2024.

For support under this funding opportunity, applicants and organisations must be eligible to apply for funding from their respective country’s funding agency.

Applications will have a project lead based at a UK research organisation eligible for UK Research and Innovation (UKRI) funding (Check if you’re eligible for funding) and a project lead based at a US research organisation eligible for National Science Foundation (NSF) funding as detailed in NSF Proposal & Award Policies & Procedures Guide (PAPPG).

The UK project lead and associated costs for UK research would be funded by EPSRC. The US-based project lead and associated costs for US-based research would be funded by NSF. There should be parity in the level of effort between the UK and US.

UKRI has introduced new role types for funding opportunities being run on the new UKRI Funding Service. For full details, visit Eligibility as an individual.

Equality, diversity and inclusion

We are committed to achieving equality of opportunity for all funding applicants. We encourage applications from a diverse range of researchers.

We support people to work in a way that suits their personal circumstances. This includes:

  • career breaks
  • support for people with caring responsibilities
  • flexible working
  • alternative working patterns

Find out more about equality, diversity and inclusion at UKRI.

What we're looking for

Aim

This funding opportunity, in collaboration with NSF under the UKRI-NSF lead agency agreement, requests applications to establish UK-US research partnerships that explore the role of QIS concepts in chemical systems, or that leverage QIS concepts to advance chemistry research.

Projects must demonstrate the potential to advance our knowledge and understanding in this area through harnessing the unique expertise and synergy of the partners involved.

Scope

The UK funding associated with this programme is funded by the UK government’s International Science Partnerships Fund (ISPF). ISPF is managed by the Department of Science, Innovation and Technology (DSIT), and delivered by a consortium of the UK’s leading research and innovation bodies, including UKRI. The £337million fund supports collaboration between UK researchers and innovators and their peers around the world on the major themes of our time: planet, health, tech, and talent.

Engineering and Physical Sciences Research Council (EPSRC) is acting as the lead agency under the lead agency agreement between NSF and UKRI. This allows for US and UK researchers to submit a single application describing a project involving both US and UK researchers, which will undergo a single review process led by EPSRC.

This funding opportunity is seeking to advance our fundamental understanding and exploitation of QIS concepts in chemistry. Meeting this challenge will necessitate that the community draw upon its collective expertise in synthesis, measurement, and theory. With chemistry’s nearly infinite flexibility in molecular design, there is the potential to design novel molecular systems that manifest desired quantum behaviour.

This funding opportunity follows a bilateral workshop hosted in Alexandria, Virginia, in February 2024, which sought to discuss key topics and identify research challenges in the following areas:

  • how concretely does QIS matter in chemistry?
  • what are most pressing and interesting research questions at the interface between chemistry and QIS and vice versa?
  • in what ways and new directions should the field innovate, where a chemical perspective is essential?
  • what recent observations in chemical systems inspire scrutiny from a QIS perspective?

To advance our understanding of these areas, and address topics raised in the workshop report, we now invite bilateral research applications. Sample research topics include (but are not limited to):

  • developing new ways of creating, observing, and quantifying QIS phenomena (for example, quantum correlations, coherence, entanglement) in electronic, vibrational, or rotational quantum states in molecular systems
  • studying the role of QIS phenomena for example, quantum correlations, coherence, entanglement) in chemical reactions, or exploiting those phenomena in the exploration of new reaction pathways
  • developing new quantum sensors that can enhance our ability to monitor chemical systems and understand mechanisms
  • developing new approaches that exploit quantum phenomena to visualize chemical systems at very short length scales, or very fast time scales

Areas of collaboration are expected to be within the remit of EPSRC’s physical sciences theme and NSF Division of Chemistry disciplinary research programmes respectively.

Applications that do not clearly address these topics or specifically explore QIS in chemical systems or how chemical systems can be used to study QIS systems will be rejected.

You must submit an expression of interest. This must provide an overview of your research aim, the UK and US team and a brief synopsis of how the bilateral partnership will advance our knowledge in the topics highlighted above.

For this funding opportunity:

  • the partnership should include at least one researcher from an eligible organisation in the UK and US
  • applications must clearly harness the respective bilateral expertise to address a shared research vision
  • applications that include close, synergistic collaborations between experimental and theoretical components are encouraged
  • we are open to applications to either develop new collaborations or that build on existing relationships
  • the application should indicate that it is to be considered under this lead agency funding opportunity by prefacing the title with ‘EPSRC-NSF:’
  • applicants may only be a project lead on one application.

You should note that, subject to finances, EPSRC and NSF intend to run reciprocal funding opportunity, led by NSF, in 2025

Duration

The duration of this award is up to 36 months.

Projects must start by 1 July 2025.

Funding available

The full economic cost (FEC) of your UK project costs can be up to £0.625M.

EPSRC will fund 80% of the FEC.

US costs must fit with NSF guidelines NSF Proposal & Award Policies & Procedures Guide.

Costings for either part of the project should reflect a balanced distribution of effort across the collective team

What we will fund

Under this funding opportunity the following will be out of scope:

  • development of Artificial Intelligence (AI) approaches
  • we are not looking for applications that are seeking to design or engineer quantum devices or associated translational research
  • applications that do not clearly show potential to advance the topics outlined in the joint workshop report (link)
  • UK applicants cannot request funds to support students as part of applications. US applicants should follow NSFs funding rules accordingly
  • equipment which is not sufficiently justified for the purpose of the proposed research or more than £400,000

Differences to a standard application

Due to its focus on developing international collaborations there are some differences between applications expected and that submitted to EPSRC standard mode, these are as follows:

  • this is a jointly funded opportunity between EPSRC and NSF. Therefore, applications must include a collaboration between UK-based and US-based researchers and provide a clear rationale for this partnership
  • you must submit an EOI for a fit to opportunity assessment by both EPSRC and NSF.
  • You must receive approval to submit a full application by EPSRC. Projects that do not receive this will be rejected
  • the UK partner must submit the full application to EPSRC detailing all work proposed across the collaboration, including the planned division of work between partners
  • the application submitted to EPSRC must include only UK-based costs but with the justification of resources detailing the total project costs
  • your US partner should request any funds they need from NSF. Please refer to the NSF ‘Dear Colleague Letter’ for details of US requirements
  • projects will be reviewed and ranked by an expert panel. There will be no postal peer review. The EOI process will be used to assist with conflict management and identification of appropriate expert reviewers
  • projects must not exceed 36 months in duration, with a fixed start date of 1 July 2025

Supporting skills and talent

We encourage you to follow the principles of the Concordat to Support the Career Development of Researchers and the Technician Commitment.

Trusted Research and Innovation (TR&I)

UKRI is committed in ensuring that effective international collaboration in research and innovation takes place with integrity and within strong ethical frameworks. Trusted Research and Innovation (TR&I) is a UKRI work programme designed to help protect all those working in our thriving and collaborative international sector by enabling partnerships to be as open as possible, and as secure as necessary. Our TR&I Principles set out UKRI’s expectations of organisations funded by UKRI in relation to due diligence for international collaboration.

As such, applicants for UKRI funding may be asked to demonstrate how their proposed projects will comply with our approach and expectation towards TR&I, identifying potential risks and the relevant controls you will put in place to help proportionately reduce these risks. Further guidance and information about TR&I, including where you can find additional support, can be found on UKRI’s website.

How to apply

We are running this funding opportunity on the new UK Research and Innovation (UKRI) Funding Service so please ensure that your organisation is registered. You cannot apply on the Joint Electronic Submissions (Je-S) system.

The project lead is responsible for completing the application process on the Funding Service, but we expect all team members and project partners to contribute to the application.

Only the lead research organisation can submit an application to UKRI.

To apply

Expression of interest

  • you must submit an expression of interest by 26 November 2024 using the following link EPSRC International – Expression of Interest Form .
  • early submissions of EoIs are encouraged.
  • EPSRC and NSF will make an office decision on the fit to opportunity and confirm acceptance on a rolling basis with applicants. The latest date to receive this EoI outcome will be by the 3 December 2024.
  • you can not submit a full application until confirmation has been received. Any full application submitted without approval will be rejected.

Full application

Select ‘Start application’ near the beginning of this Funding finder page.

  1. Confirm you are the project lead
  2. Sign in or create a Funding Service account. To create an account, select your organisation, verify your email address, and set a password. If your organisation is not listed, email support@funding-service.ukri.org
    Please allow at least 10 working days for your organisation to be added to the Funding Service. We strongly suggest that if you are asking UKRI to add your organisation to the Funding Service to enable you to apply to this Opportunity, you also create an organisation Administration Account. This will be needed to allow the acceptance and management of any grant that might be offered to you.
  3. Answer questions directly in the text boxes. You can save your answers and come back to complete them or work offline and return to copy and paste your answers. If we need you to upload a document, follow the upload instructions in the Funding Service. All questions and assessment criteria are listed in the How to apply section on this Funding finder page.
  4. Allow enough time to check your application in ‘read-only’ view before sending to your research office.
  5. Send the completed application to your research office for checking. They will return it to you if it needs editing.
  6. Your research office will submit the completed and checked application to UKRI.

Where indicated, you can also demonstrate elements of your responses in visual form if relevant. You should:

  • use images sparingly and only to convey important information that cannot easily be put into words
  • insert each new image onto a new line
  • provide a descriptive legend for each image immediately underneath it (this counts towards your word limit)
  • ensure files are smaller than 5MB and in JPEG, JPG, JPE, JFI, JIF, JFIF, PNG, GIF, BMP or WEBP format

Watch our research office webinars about the new Funding Service.

For more guidance on the Funding Service, see:

References

Applications should be self-contained, and hyperlinks should only be used to provide links directly to reference information. To ensure the information’s integrity is maintained, where possible, persistent identifiers such as digital object identifiers should be used. Assessors are not required to access links to carry out assessment or recommend a funding decision. You should use your discretion when including references and prioritise those most pertinent to the application.

References should be included in the appropriate question section of the application and be easily identifiable by the assessors for example (Smith, Research Paper, 2019)

You must not include links to web resources to extend your application.

Deadline

EPSRC must receive your application by 4.00pm UK time on 27 February 2025.

You will not be able to apply after this time.

Make sure you are aware of and follow any internal institutional deadlines.

Following the submission of your application to the funding opportunity, your application cannot be changed, and applications will not be returned for amendment. If your application does not follow the guidance, it may be rejected. If an application is withdrawn prior to peer review or office rejected due to substantive errors in the application, it cannot be resubmitted to the funding opportunity.

Personal data

Processing personal data

EPSRC, as part of UKRI, will need to collect some personal information to manage your Funding Service account and the registration of your funding applications.

We will handle personal data in line with UK data protection legislation and manage it securely. For more information, including how to exercise your rights, read our privacy notice.

EPSRC, as part of UKRI, will need to share the application and any personal information that it contains with NSF so that they can participate in the assessment process and subsequent decision making. For more information on how NSF uses personal information, visit Privacy Act and Public Burden Statements – Proposal & Award Policies & Procedures Guide (PAPPG) .

Publication of outcomes

EPSRC, as part of UKRI, will publish the outcomes of this funding opportunity at EPSRC Funding Application Outcomes.

If your application is successful, we will publish some personal information on the UKRI Gateway to Research.

Summary

Word limit: 550

In plain English, provide a summary we can use to identify the most suitable experts to assess your application.

We usually make this summary publicly available on external-facing websites, therefore do not include any confidential or sensitive information. Make it suitable for a variety of readers, for example:

  • opinion-formers
  • policymakers
  • the public
  • the wider research community

Guidance for writing a summary

Clearly describe your proposed work in terms of:

  • context
  • the challenge the project addresses
  • aims and objectives
  • potential applications and benefits
  • benefits to the UK – US research partnership

Core team

List the key members of your team and assign them roles from the following:

  • project lead (PL)
  • project co-lead (UK) (PcL)
  • specialist
  • grant manager
  • professional enabling staff
  • research and innovation associate
  • technician
  • visiting researcher
  • researcher co-lead (RcL)

Only list one individual as project lead.

Find out more about UKRI’s core team roles in funding applications.

Vision and Approach

Create a document that includes your responses to all criteria. The document should not be more than seven sides of A4, single spaced in paper in 11-point Arial (or equivalent sans serif font) with margins of at least 2cm. You may include images, graphs, tables. References may be included but should not exceed one page of your document. You can have an additional page for a diagrammatic workplan.

For the file name, use the unique Funding Service number the system gives you when you create an application, followed by the words ‘Vision and Approach’.

Save this document as a single PDF file, no bigger than 8MB. Unless specifically requested, do not include any sensitive data within the attachment.

If the attachment does not meet these requirements, the application will be rejected.

The Funding Service will provide document upload details when you apply.

What are you hoping to achieve with and how will you deliver your proposed work?

What the assessors are looking for in your response

For the Vision, explain how your proposed work:

  • is of excellent quality and importance within or beyond the field(s) or area(s)
  • has the potential to advance current understanding, generates new knowledge, thinking or discovery within or beyond the field or area
  • is timely given current trends, context and needs
  • impacts world-leading research, society, the economy or the environment

For the Approach, explain how you have designed your work so that it:

  • is effective and appropriate to achieve your objectives
  • is feasible, and comprehensively identifies any risks to delivery and how they will be managed
  • if applicable, uses a clear and transparent methodology
  • if applicable, summarises the previous work and describes how this will be built upon and progressed
  • will maximise translation of outputs into outcomes and impacts
  • describes how your, and if applicable your team’s, research environment (in terms of the place, and relevance to the project) will contribute to the success of the work

References may be included within this section.

Applicant and team capability to deliver

Word limit: 1650

Why are you the right individual or team to successfully deliver the proposed work?

What the assessors are looking for in your response

Please provide evidence of how you, and if relevant your team, have:

  • the relevant experience (appropriate to career stage) to deliver the proposed work
  • the right balance of skills and expertise to cover the proposed work
  • the appropriate leadership and management skills to deliver the work and your approach to develop others
  • contributed to developing a positive research environment and wider community

You may demonstrate elements of your responses in visual form if relevant. Further details are provided in the Funding Service.

The word count for this section is 1,650 words; 1,150 words to be used for R4RI modules (including references) and, if necessary, a further 500 words for Additions.

Use the Résumé for Research and Innovation (R4RI) format to showcase the range of relevant skills you and, if relevant, your team (project and project co-leads, researchers, technicians, specialists, partners and so on) have and how this will help deliver the proposed work. You can include individuals’ specific achievements but only choose past contributions that best evidence their ability to deliver this work.

Complete this section using the R4RI module headings listed. Use each heading once and include a response for the whole team, see the UKRI guidance on R4RI. You should consider how to balance your answer, and emphasise where appropriate the key skills each team member brings:

  • contributions to the generation of new ideas, tools, methodologies, or knowledge
  • the development of others and maintenance of effective working relationships
  • contributions to the wider research and innovation community
  • contributions to broader research or innovation users and audiences and towards wider societal benefit

You should complete this section for the whole team, including UK and US researchers.

Additions

Provide any further details relevant to your application. This section is optional and can be up to 500 words. You should not use it to describe additional skills, experiences, or outputs, but you can use it to describe any factors that provide context for the rest of your R4RI (for example, details of career breaks if you wish to disclose them). Complete this as a narrative. Do not format it like a CV.

References may be included within this section.

You should complete this section for the whole team, including UK and US researchers.

UKRI has introduced new role types for funding opportunities being run on the new Funding Service. For full details, see Eligibility as an individual.

Project partners

Add details about any project partners’ contributions. If there are no project partners, you can indicate this on the Funding Service.

A project partner is a collaborating organisation who will have an integral role in the proposed research. This may include direct (cash) or indirect (in-kind) contributions such as expertise, staff time or use of facilities. Project partners may be in industry, academia, third sector or government organisations in the UK or overseas, including partners based in the EU.

Add the following project partner details:

  • the organisation name and address (searchable via a drop-down list or enter the organisation’s details manually, as applicable)
  • the project partner contact name and email address
  • the type of contribution (direct or in-direct) and its monetary value

If a detail is entered incorrectly and you have saved the entry, remove the specific project partner record and re-add it with the correct information.

For audit purposes, UKRI requires formal collaboration agreements to be put in place if an award is made.

Project partners: letters (or emails) of support

Upload a single PDF containing the letters or emails of support from each partner you named in the Project Partner section. These should be uploaded in English or Welsh only.

What the assessors are looking for in your response

Enter the words ‘attachment supplied’ in the text box, or if you do not have any project partners enter N/A.  Each letter or email you provide should:

  • confirm the partner’s commitment to the project
  • clearly explain the value, relevance, and possible benefits of the work to them
  • describe any additional value that they bring to the project
  • the page limit is 1 sides A4 per partner

The Funding Service will provide document upload details when you apply. If you do not have any project partners, you will be able to indicate this in the Funding Service.

Ensure you have prior agreement from project partners so that, if you are offered funding, they will support your project as indicated in the contributions template.

For audit purposes, UKRI requires formal collaboration agreements to be put in place if an award is made.

Do not provide letters of support from host and project co-leads’ research organisations.

Facilities

Word limit: 500

Does your proposed research require the support and use of a facility?

What the assessors are looking for in your response

If you will need to use a facility, follow your proposed facility’s normal access request procedures. Ensure you have prior agreement so that if you are offered funding, they will support the use of their facility on your project.

For each requested facility you will need to provide the:

  • name of facility, copied and pasted from the facility information list (DOCX, 34.9KB)
  • proposed usage or costs, or costs per unit where indicated on the facility information list
  • confirmation you have their agreement where required

Facilities should only be named if they are on the facility information list above.

If you will not need to use a facility, you will be able to indicate this in the Funding Service.

Resources and cost justification

Word limit: 1000

What will you need to deliver your proposed work and how much will it cost?

What the assessors are looking for in your response

Justify the application’s more costly resources, in particular:

  • project staff
  • significant travel for field work or collaboration (but not regular travel between collaborating organisations or to conferences)
  • any equipment that will cost more than £10,000
  • any consumables beyond typical requirements, or that are required in exceptional quantities
  • all facilities and infrastructure costs
  • all resources that have been costed as ‘Exceptions’

Assessors are not looking for detailed costs or a line-by-line breakdown of all project resources. Overall, they want you to demonstrate how the resources you anticipate needing for your proposed work:

  • are comprehensive, appropriate, and justified
  • represent the optimal use of resources to achieve the intended outcomes
  • maximise potential outcomes and impacts

Ethics and responsible research and innovation (RRI)

Word limit: 500

What are the ethical or RRI implications and issues relating to the proposed work?  If you do not think that the proposed work raises any ethical or RRI issues, explain why.

What the assessors are looking for in your response

Demonstrate that you have identified and evaluated:

  • the relevant ethical or responsible research and innovation considerations
  • how you will manage these considerations

You may demonstrate elements of your responses in visual form if relevant. Further details are provided in the Funding Service.

How we will assess your application

Assessment process

We will assess your application using the following process.

As outlined, you must submit an expression of interest. This will be considered by EPSRC and NSF staff for fit to opportunity. You must have prior approval before submitting a full application. Applications that do not address the topics outlined in this funding opportunity will not be invited to submit a full application.

Where possible, early submission of an EOI is encouraged in order to help manage timely decisions on invitation to full application. The EOI process closes on the 26 November 2024, with invite decisions issued by the 3 December 2024.

You may not resubmit an EoI after being unapproved to process unless otherwise invited to do so. EPSRC’s decision will be final.

Material submitted in the EOI will also be used to help assist with identifying panel members and the required expertise.

In the event of this funding opportunity being substantially oversubscribed as to be unmanageable, we reserve the right to modify the assessment process.

Expert panel

Invited applications will be considered by an expert panel.

EPSRC reserves the right to reject, without reference to peer review, any applications where prior approval has not been secured or if the application deviates in scope to that originally outlined and secured approval to submit.

An invited group of expert reviewers, who will be members of a panel for this funding opportunity, will assess the quality of your application against the published assessment criteria. You will then be provided with comments for clarification as part of an applicant response process. This same grouping of experts will then meet and use these clarifications to rank your application alongside other applications. This panel will make a  funding recommendation to EPSRC.

EPSRC, in consultation with NSF, will make the final funding decision.

Feedback

Where appropriate, we will give feedback with the outcome of your application in addition to comments provided in the application process. Particularly where the panel have identified applications that may be competitive at future planned joint activities in this area.

Principles of assessment

We support the San Francisco declaration on research assessment and recognise the relationship between research assessment and research integrity.

Find out about the UKRI Principles of Assessment and Decision Making.

Sharing data with co-funders

We will need to share the application (including any personal information that it contains) with NSF so that they can participate in the assessment process.

For more information on how NSF uses personal information, visit  Privacy Act and Public Burden Statements – Proposal & Award Policies & Procedures Guide (PAPPG).

We reserve the right to modify the assessment process as needed.

Assessment areas

The areas we will assess your application against are:

  • Vision
  • Approach
  • Applicant Team and Ability to deliver
  • Ethics and responsible research and innovation (RRI)
  • Resources and cost justification

Find details of assessment questions and criteria under the ‘Application questions’ heading in the ‘How to apply’ section.

Contact details

Get help with your application

If you have a question and the answers aren’t provided on this page

IMPORTANT NOTE: The Helpdesk is committed to helping users of the UKRI Funding Service as effectively and as quickly as possible. In order to manage cases at peak volume times, the Helpdesk will triage and prioritise those queries with an imminent opportunity deadline or a technical issue. Enquiries raised where information is available on the Funding Finder opportunity page and should be understood early in the application process (for example, regarding eligibility or content/remit of an opportunity) will not constitute a priority case and will be addressed as soon as possible.

Contact Details

For help and advice on costings and writing your application please contact your research office in the first instance, allowing sufficient time for your organisation’s submission process.

For questions related to this specific funding opportunity please contact international@epsrc.ukri.org

Any queries regarding the system or the submission of applications through the Funding Service should be directed to the helpdesk.

Email: support@funding-service.ukri.org

Phone: 01793 547490

Our phone lines are open:

  • Monday to Thursday 8:30am to 5:00pm
  • Friday 8:30am to 4:30pm

To help us process queries quicker, we request that users highlight the council and opportunity name in the subject title of their email query, include the application reference number, and refrain from contacting more than one mailbox at a time.

For further information on submitting an application read Improving your funding experience.

Sensitive information

If you or a core team member need to tell us something you wish to remain confidential, please contact TFSchangeEPSRC@epsrc.ukri.org

Include in the subject line: [the funding opportunity title; sensitive information; your Funding Service application number].

Typical examples of confidential information include:

  • individual is unavailable until a certain date (for example due to parental leave)
  • declaration of interest
  • additional information about eligibility to apply that would not be appropriately shared in the ‘Applicant and team capability’ section
  • conflict of interest for UKRI to consider in reviewer or panel participant selection
  • the application is an invited resubmission

For information about how UKRI handles personal data, read UKRI’s privacy notice.

Additional info

Background

NSF-UKRI Bilateral Workshop: Quantum Information Science in Chemistry Report

Research and innovation impact

Impact can be defined as the long-term intended or unintended effect research and innovation has on society, economy and the environment; to individuals, organisations, and the wider global population.

Additional disability and accessibility adjustments

UKRI can offer disability and accessibility support for UKRI applicants and grant holders during the application and assessment process if required.

Research disruption due to COVID-19

We recognise that the COVID-19 pandemic has caused major interruptions and disruptions across our communities. We are committed to ensuring that individual applicants and their wider team, including partners and networks, are not penalised for any disruption to their career, such as:

  • breaks and delays
  • disruptive working patterns and conditions
  • the loss of ongoing work
  • role changes that may have been caused by the pandemic

Reviewers and panel members will be advised to consider the unequal impacts that COVID-19 related disruption might have had on the capability to deliver and career development of those individuals included in the application. They will be asked to consider the capability of the applicant and their wider team to deliver the research they are proposing.

Where disruptions have occurred, you can highlight this within your application if you wish, but there is no requirement to detail the specific circumstances that caused the disruption.

Supporting documents

Equality impact assessment (PDF, 186 KB)

Updates

  • 11 November 2024
    Updated second paragraph under How to apply - Project partners
  • 14 October 2024
    Minimum funding amount removed. £500,000 added as the maximum funding amount.

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