Nanotechnology Now





Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Ben Franklin Funding Awarded to PSU nanotechnology project

Abstract:
Penn State's Nanotechnology Research and Commercialization project has been awarded $3.5 million from Pennsylvania's BFTDA.

Ben Franklin Funding Awarded to PSU nanotechnology project

University Park, Pa., October 19, 2004

Penn State's Nanotechnology Research and Commercialization project has been awarded $3.5 million from Pennsylvania's Ben Franklin Technology Development Authority (BFTDA) to support nanotechnology education, research and commercialization.

The grant was part of $13.6 million in BFTDA funding announced recently to support Gov. Edward G. Rendell's technology-focused economic development strategy. According to the announcement from the Community and Economic Development Secretary, the grant will provide state co-funding for federally sponsored nanotechnology research centers at Penn State.

Hank Foley, associate vice president for research at Penn State, says, "Penn State is an engine for economic growth in the central region and the Commonwealth. This grant is essential to us and will be used to fund new research in high risk - high reward areas, to improve our infrastructure and facilities, to continue workforce development and education in partnership with the State System of Higher Education and community colleges and to enhance the commercialization of nanotechnology to spur the growth of new business."

The BFTDA grant provides leverage for Penn State to procure further funding from industry and federal agencies such as the National Science Foundation. The BFTDA also provides separate funding for four Ben Franklin Technology Partners throughout Pennsylvania that identify the most promising technological ventures providing them with technical assistance and capital.

Contact:

Hank Foley
hcf2@psu.edu
814-863-9580

Vicki Fong
vfong@psu.edu
http://live.psu.edu
814-865-9481

Copyright © PSU

If you have a comment, please us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related Links

Ben Franklin Technology Development Authority

Related News Press

Investments/IPO's/Splits

Harris & Harris Group Portfolio Company, AgBiome, Announces Partnership to Accelerate the Discovery of Next Generation Insect-Resistant Crops July 1st, 2015

Nanometrics to Participate in 7th Annual CEO Investor Summit 2015: Investor Event Held Concurrently With SEMICON West in San Francisco June 25th, 2015

Harris & Harris Group Portfolio Company D-Wave Systems Announces 1,000 Qubit Processor and is Discussed in the Economist June 23rd, 2015

Nanowire LED Innovator Aledia Completes $31 Million Series B Financing June 18th, 2015

Announcements

Nanospiked bacteria are the brightest hard X-ray emitters July 2nd, 2015

Engineering the world’s smallest nanocrystal July 2nd, 2015

Producing spin-entangled electrons July 2nd, 2015

NIST Group Maps Distribution of Carbon Nanotubes in Composite Materials July 2nd, 2015

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More










ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project