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Home > News > Winston-Salem wants funding for NanoMed Institute

May 1st, 2007

Winston-Salem wants funding for NanoMed Institute

Creation of the North Carolina NanoMedicine Institute in Winston-Salem's Piedmont Triad Research Park could generate as many as 6,000 jobs during the next 10 years, with an average annual salary of $87,000.

But first, chambers of commerce from around the Piedmont Triad must convince the General Assembly to provide $15 million in initial funding for the project, according to an announcement from the Winston-Salem Chamber of Commerce.

N.C. NanoMed would be an independent nonprofit medical testing facility designed to help companies obtain FDA approval for nanomedical products. The institute would include researchers from area colleges and universities, who would work with the companies in the testing process, the announcement said.


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