NNI Supplement to the President’s FY 2007 Budget Request

Subject Area:
NNI Budget
Author: National Science and Technology Council
Publication Date: Jul. 17 2006

Description:

Describes activities underway in 2006 and planned for 2007 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 2006 and requested investments for 2007 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. While difficult to measure accurately, estimates from 2008 showed the governments of the European Union (EU) and Japan invested approximately $1.7 billion and $950 million, respectively, in nanotechnology research and development. The governments of China, Korea, and Taiwan invested approximately $430 million, $310 million, and $110 million, respectively (Roco, Mirkin, and Hersam, Nanotechnology Research Directions for 2020, 2010). This compares to 2008 U.S. Government spending of $1.55 billion.

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