A Pennsylvania organization put together to help local nanotechnology research and commercialization efforts has helped local researchers secure around $60 million in federal grants.
The Nanotechnology Institute has helped in excess of 40 academics to get the federal research grants. In turn this has created seven companies, gained federal government praise and attracted New York financiers. The institute assist nanotech researchers along the path from applying for grants to commercialisation of their end products.
The institute consists of four teams with different areas of expertise. The fields are Intelligent Drug Delivery Systems, Nano-biosensor Development, Nanotubular Cellular Probes and Nanofiber-Based Tissue Engineering.