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« Euro Nano Forum 2007 | Main | Industry backbone takes shape »

Big money, big picture

Industrial applications took centre stage this week at EuroNanoForum 2007 in Düsseldorf, Germany. The European Commission (EC) is keen to shine a light on the commercialization of nanotechnology.

Nicholas Hartley, advisor on industrial technologies to the EC’s directorate-general for research, commented that industrial participation in the commission’s framework projects is up from 18% in 2003 to more than 37% today.

It is expected that the recently launched seventh framework programme (FP7) will double the amount of European funding committed to nanoscience and nanotechnology compared with the FP6 figure of EURO 1.4 billion.

The belief that nanotechnology will power a new economic wave of prosperity remains and no country wants to miss the boat. Apparently, around 60 nations now have programs dedicated to nanotechnology.

Posted by James Tyrrell on June 19, 2007 7:29 PM | Permalink