The National Nanotechnology Initiative: Research and Development Leading to a Revolution in Technology and Industry, Supplement to the President's FY 2006, March 2005

Subject Area:
NNI Budget
Author: NSTC/NNI/NSET
Publication Date: Mar. 21 2005

Description:

Describes activities underway in 2005 and planned for 2006 by Federal agencies participating in the National Nanotechnology Initiative (NNI), primarily from a programmatic and budgetary perspective.  It is based on the NNI Strategic Plan released in December 2004 and reports estimated investments for FY 2006 by Program Component Area (PCA), as called for under provisions of the 21st Century Nanotechnology Research and Development Act (Public Law 108-153).


Nanotechnology Fact

The United States is not the only country to recognize the tremendous economic potential of nanotechnology. The U.S. National Nanotechnology Initiative's member agencies have cumulatively spent more than $23 billion since the inception of the NNI in 2001. According to a Lux Research estimate released in December 2015, “The U.S. leads in government (state and Federal) nanotechnology funding with $1.72 billion spent in 2013 and $1.67 billion spent in 2014. Europe’s collective spending (European Commission and individual country programs) was $2.45 billion in 2014, an increase of 9.8% from 2012. While some countries, such as the U.S., continue to have centralized government programs to coordinate nanotechnology activities, most countries no longer do. In fact, many countries no longer explicitly fund nanotechnology, although it may be a part of initiatives that are funded under different technology support programs. Because of this change, it is difficult to determine with certainty the level of nanotechnology funding by country or region.”

Learn more on the NNI Budget page.

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