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Home > News > Nanotechnology Funding Coming to Columbia

December 31st, 2009

Nanotechnology Funding Coming to Columbia

Abstract:
A Columbia-based consortium dedicated to nanotechnology research and industry is set to receive its first major round of funding. KBIA's Janet Saidi has this story.

Funds totaling around $4 million are expected to go to members of the Columbia-based Nanotechnology Enterprises, Inc - a nonprofit consortium of mainly state and regional nanotechnology research companies. The funding comes to consortium members for developing nanotechnology applications for the U.S. Armament Research, Development and Engineering Center, or ARDEC.

"The goal of the funding is to have larger, more traditional defense contractors teamed up with younger start-up companies that may not be as accustomed to doing business with the US Department of Defense. So, it's an exciting endeavor. It's one that we think is going to create jobs and economic opportunity in the state of Missouri, and Columbia in particular. And, it's a very exciting time."

Source:
publicbroadcasting.net

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