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October 3rd, 2004
The multimillion-dollar federal research grant in nanotechnology recently awarded to the University of New Hampshire holds promise not only for the school but the state economy as well, according to state officials.
"This could be one of the more significant events for the long-term health of the economy in the last decade," said Stuart Arnett, director of economic development for New Hampshire. "Nanotech is not a product, it's a new process. Just as electronics leaped when they became microelectronics, the next great thing is nano. It's going to be extremely important to the future of manufacturing and also will be the new standard for other industries, like agriculture and medicine."
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