Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > From small beginnings to big business: Finnish nanotechnology takes giant strides in five years

Abstract:
Nanotechnology is already a part of the everyday operations of over 200 hundred Finnish companies, and it is estimated that nanotechnology will generate turnover of EUR 1.2 billion in 2013. Boosted by Tekes' FinNano programme, an internationally significant nanotechnology cluster has been created in Finland in five years.

From small beginnings to big business: Finnish nanotechnology takes giant strides in five years

Finland | Posted on May 7th, 2010

Finland has purposefully invested in the development of nanotechnology since the 1990s, with the development significantly picking up pace in 2005 when Tekes' FinNano programme, which is now being brought to close, was launched. The programme accelerated development and set industrial activities in the field on a trajectory of rapid growth.

"During the period of the FinNano programme, the number of companies in the field has more than tripled and there are currently over 200 companies in Finland utilising nanotechnology. After years of focused work, we have moved on from the development of nanotechnology to its commercialisation," says Pekka Koponen, CEO of Spinverse Ltd, which has studied the effects of nanotechnology in the Finnish business community.

The trailblazing innovations in Finnish nanotechnology include nano carbon materials and a new composite material discovered in Finland: nanobuds. Applications for these materials cover the whole spectrum from sports equipment to batteries, solar cells, touchscreens and construction materials. An internationally successful and growing competence cluster of companies and research institutes has grown around Atomic Layer Deposition (ALD), a thin film technology developed in Finland.

Large number of results with reasonable investments

The exceptional strength of the Finnish nanotechnology industry is based on cooperation and goal-oriented research. In Tekes' FinNano programme, over one hundred key decision-makers in Finnish corporate and research communities defined the guidelines for the development of nanotechnology for the needs of the ICT, forest, metal and chemical industries, as well as nanobiotechnology. The leading industrial enterprises have recognised the significance of nanotechnology for their competitiveness and strongly invested in its development.

"In the current conditions, Finnish industry has to find ways to reinvent itself, and nanotechnology is a key enabler in this renewal. A good example is nano pulp. When pulp is refined to nanofibers, it can be used in countless different applications and products," says Markku Lämsä, Manager of Tekes' FinNano programme.

In terms of euros, Finland is not a large investor in nanotechnology, but the investments in the field have been made at the right time and allocated to the right targets. This is largely due to national programmes such as the FinNano programmes of Tekes and the Academy of Finland.

In 2005-2010, Tekes' FinNano programme has funded the development of Finnish nanotechnology with approximately EUR 70 million, of which EUR 47 million is Tekes funding. The growth of industrial operations in the field is demonstrated by the fact that in 2008 companies' own development investments in nanotechnology exceeded public investments in the field.

Finnish competence has also raised interest abroad. In 2007, Tekes' FinNano programme launched research cooperation with the Chinese Ministry of Science and Technology (MOST). Finland was the first EU country to start bilateral cooperation with China in the field of nanotechnology. Development cooperation in the field of nanotechnology was also commenced, at the initiative of FinNano, between the Ministry of Employment and the Economy and Rusnano, the Russian state-owned nanotechnology development company.

Small huge nano

Nano in Latin means dwarf. Nanotechnology is also the general name for extremely small scale technologies which are used to mould the characteristics of substances at an atomic level. Nanotechnology brings new properties to common products and also gives birth to completely new products.

####

About FinNano
The nanotechnology programme will strengthen Finland's position as an innovative high-tech country, in which enterprises, service providers and research institutions by exploiting nanoscale structures and phenomena are able to create unique products, services and innovations, the commercialisation of which increases the welfare of our society.

For more information, please click here

Contacts:
Markku Lämsä, FinNano Programme Manager, Tekes, markku.lamsa(at)tekes.fi, tel. +358 50 557 7793

Pekka Koponen, CEO, Spinverse Ltd, pekka.koponen(at)spinverse.com, tel. +358 40 545 0008

Copyright © FinNano

If you have a comment, please Contact 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 News Press

Thin films

ANU invention to inspire new night-vision specs December 7th, 2016

News and information

ANU invention to inspire new night-vision specs December 7th, 2016

Arrowhead Pharmaceuticals to Webcast Fiscal 2016 Year End Results December 7th, 2016

Journal Nanotechnology Progress International (JONPI), newest edition out December 7th, 2016

In IEDM 2016 Keynote, Leti CEO Says ‘Hyperconnectivity’, Human-focused Research and the IOT Promise Profound, Positive Changes December 7th, 2016

Display technology/LEDs/SS Lighting/OLEDs

Trace metal recombination centers kill LED efficiency: UCSB researchers warn that trace amounts of transition metal impurities act as recombination centers in gallium nitride semiconductors November 3rd, 2016

Diamond nanothread: Versatile new material could prove priceless for manufacturing: Would you dress in diamond nanothreads? It's not as far-fetched as you might think November 3rd, 2016

Researchers surprised at the unexpected hardness of gallium nitride: A Lehigh University team discovers that the widely used semiconducting material is almost as wear-resistant as diamonds October 31st, 2016

Inspiration from the ocean: An interdisciplinary team of researchers at UC Santa Barbara has developed a non-toxic, high-quality surface treatment for organic field-effect transistors October 18th, 2016

Jobs

Participate in the development of Malaysia’s National Graphene Action Plan 2020 October 10th, 2016

Leading Advanced Materials Manufacturer Pixelligent Closes $10.4 Million in Funding: Capital Will Boost Capacity for North American Manufacturing, Drive Asian Expansion, and Continue Innovation in Solid State Lighting and OLED Display Applications August 16th, 2016

SUNY Poly Welcomes DPS as the Global Engineering Firm Opens Its U.S. Advanced Technology Group Headquarters at Cutting-Edge ZEN Building November 20th, 2015

SUNY Poly CNSE Announces Milestone as M+W Group Opens U.S. Headquarters at Albany Nanotech Complex and Research Alliance Begins $105M Solar Power Initiative October 20th, 2015

Products

Cutting-edge nanotechnologies are breaking into industries November 18th, 2016

STMicroelectronics’ Semiconductor Chips Contribute to Connected Toothbrush from Oral-B That Sees What You Don’t: Microcontroller and Accelerometer help brushers clean their teeth more effectively October 4th, 2016

Particle Works launches range of high quality magnetic nanoparticles August 31st, 2016

Oxford Nanoimaging to provide desktop super-resolution microscopes May 10th, 2016

Govt.-Legislation/Regulation/Funding/Policy

Physicists decipher electronic properties of materials in work that may change transistors December 6th, 2016

Construction of practical quantum computers radically simplified: Scientists invent ground-breaking new method that puts quantum computers within reach December 5th, 2016

Shape matters when light meets atom: Mapping the interaction of a single atom with a single photon may inform design of quantum devices December 4th, 2016

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Nanotubes/Buckyballs/Fullerenes

Infrared instrumentation leader secures exclusive use of Vantablack coating December 5th, 2016

Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016

Cutting-edge nanotechnologies are breaking into industries November 18th, 2016

Hybrid nanostructures hold hydrogen well: Rice University scientists say boron nitride-graphene hybrid may be right for next-gen green cars October 25th, 2016

Sports

Abalonyx launches Reduced Graphene Oxide Product: Abalonyx has successfully scaled up production of thermally reduced graphene oxide (rGO) in its Tofte, Norway, production facility. This product is now offered to customers in Kg-quantities May 10th, 2016

What makes penguin feathers ice-proof February 24th, 2016

Imec and Cloudtag Collaborate on High Quality Frictionless Wearables for Lifestyle Coaching: Next-generation health and fitness tracker Cloudtag TrackTM launched at CES 2016 January 7th, 2016

New stretchable, wearable sensor made with chewing gum (video) December 2nd, 2015

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Novel Electrode Structure Provides New Promise for Lithium-Sulfur Batteries December 3rd, 2016

A Phone That Charges in Seconds? UCF Scientists Bring it Closer to Reality November 21st, 2016

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Vesper a Finalist for Two ACE Awards: Ultimate Products and Innovator of the Year -- Industry’s first piezoelectric MEMS microphone and Vesper CTO Bobby Littrell recognized for prestigious electronics-industry awards November 10th, 2016

Nanobiotechnology

Arrowhead Pharmaceuticals to Webcast Fiscal 2016 Year End Results December 7th, 2016

Fast, efficient sperm tails inspire nanobiotechnology December 5th, 2016

Deep insights from surface reactions: Researchers use Stampede supercomputer to study new chemical sensing methods, desalination and bacterial energy production December 2nd, 2016

Nanobiotix Provides Update on Global Development of Lead Product NBTXR3: Seven clinical trials across the world: More than 2/3 of STS patients recruited in the “act.in.sarc” Phase II/III trial: Phase I/II prostate cancer trial now recruiting in the U.S. November 28th, 2016

Solar/Photovoltaic

Research Study: MetaSOLTM Shatters Solar Panel Efficiency Forecasts with Innovative New Coating: Coating Provides 1.2 Percent Absolute Enhancement to Triple Junction Solar Cells December 2nd, 2016

Throwing new light on printed organic solar cells December 1st, 2016

Physics, photosynthesis and solar cells: Researchers combine quantum physics and photosynthesis to make discovery that could lead to highly efficient, green solar cells November 30th, 2016

'Back to the Future' inspires solar nanotech-powered clothing November 15th, 2016

Construction

Diamond nanothread: Versatile new material could prove priceless for manufacturing: Would you dress in diamond nanothreads? It's not as far-fetched as you might think November 3rd, 2016

DryWired's Liquid Nanotint to be the first nano-insulation in a Federal building: 250,000 federal buildings, most with uninsulated glass October 12th, 2016

New flexible material can make any window 'smart' August 23rd, 2016

Cement design should take into account the water confined in the smallest pores: A researcher at the UPV/EHU-University of the Basque Country is participating in the study of the stresses of confined water in the micropores of cement at extreme temperatures August 11th, 2016

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