The 21th century is the Quantum Age. Anticipating spectacular advancements in second generation quantum technologies that directly harness quantum mechanical phenomena such as superposition, entanglement, and tunneling, the time is ripe for governments, academia and the market to prepare regulatory and business strategies that balance their societal impact. The potential transformative power of quantum technologies urges us to proceed responsibly. This conference brings together the quantum community to discuss informed suggestions on how to balance maximizing benefits and mitigating risks of applied quantum technology in state of the art quantum computing, sensing, simulation, communication, materials, and quantum-classical hybrids in diverse multidisciplinary settings, taking a pro-innovation stance.