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June 22nd, 2007
German nano spending outstrips that of other Member States
New figures from the Technology Transfer Centre (TTC) show that Germany is by far investing more in nanotechnology than other European country. German companies are also more enthusiastic about nanotechnology than their counterparts around Europe. Worldwide, Japan's spending on nano is set to overtake that of the US, and the EU as a bloc comes third after these two countries.
In Europe, German yearly spending on nanotechnology far exceeds that of any other European country, and at €330 million is roughly the same as that of all other European countries combined.
Through the Seventh Framework Programme (FP7), the EU will contribute around €600 million per year until 2013. According to the TTC, this additional funding will make Europe's yearly spend on nanotechnology higher than that of the US or Japan.
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