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April 18th, 2005
The National Nanotechnology Initiative faces its first budget decrease ever. Federal funding for science and technology research and development in general remains flat. And a program that small and big businesses alike consider a catalyst for getting innovation into the marketplace will be nixed in President George W. Bush's proposed 2006 federal budget.
The National Nanotechnology Initiative is expected to get $1.05 billion in 2006, about a 2.5 percent decrease from 2005.
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