Released on = October 3, 2006, 12:24 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = With the government’s efforts and contribution, UK
nanotechnology industry is going to become a hub of new technological innovations in
the times to come.

Press Release Body = UK is all set to get an initial government grant of almost £18m
for assignments pertaining to high-tech micro and nanotechnology, in an attempt to
establish itself as a hub of new technological innovation.

This will help various Nanotechnology Firms to exploit UK\'s outstanding scientific
achievements in this field and grab a piece of the growing Nanotechnology Market.
The new venture is also attracting further industry and territorial expenditure,
projected to overstep to give an encouragement to the prospective innovative
Nanotechnology Market in the UK.

These are the initial fundings allotted from the Government\'s £90m micro and
nanotechnology production projects grants for both, Nanotechnology applied research
programs and new nanotechnology installations throughout the country. Additional
fundings will be distributed in the following five years to accomplish the project.

UK\'s bid to develop an industrial facility and technical proficiency in
nanotechnology through the MNT Network, according to many, is considered to be the
controlling factor in the coming generations of IT industry and medicine. The
expenditure by US government on nanotechnology research has increased too. In 2006,
the leading agency for Education and Training, National Science Foundation (NSF), is
making plans to instate about US $ 28 million for educational programmes after
graduation.

Global Funding for Nanotechnology assignments are supposed to provide direct access
of their technology to different companies and scientists. Mergers and Acquisitions
in Nanotechnology are forged with the intention to drive research and commercial use
into the future whilst seeing to it that scientists aren’t copying each
other\'s creation.

As per the latest released report by RNCOS titled \"The World Nanotechnology Market
(2006)\"; UK has established a sound reputation of sustaining the growth of its
Nanotechnology industry. The UK government\'s Nanotechnology is approximately
spending £40 Million for the installation of its Micro and Nanotechnology (MNT)
network. The UK MNT Network was constituted in tandem with the Regional Development
Agencies to promote the commercial use of micro and Nanotechnology.

-The prospects of the Global Nanotechnology market
- Nanotechnology IC market forecast after an analysis of a range of nanotools,
nanotechnology applications, the Worldwide Market for Nanoparticles and development.
- The different Countries’ Nanotechnology Spending with emphasis on prospects
for development, risks and the Number of Nanotechnology Companies in this industry
-Latest advances in Nanotechnology market
-Sketch of the major Nanotechnology Firms in this sector

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

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