Home / Knowledge / News / Textiles / European countries invests $24m on Nanotech Risk Research

European countries invests $24m on Nanotech Risk Research

30
Apr '08
A new analysis by the Project on Emerging Nanotechnologies (PEN) indicates that European nations are investing nearly twice as much as the U.S. in research primarily aimed at addressing the potential risks of nanotechnology.

The analysis also highlights a substantial over-inflation of the federal government's nanotechnology risk-research investment figures for the U.S.

The new PEN assessment of nanotechnology risk-relevant projects identified by the federal government's National Nanotechnology Initiative (NNI) for fiscal year 2006 found that only $13 million was invested in projects highly relevant to addressing possible risks.

Over the same time period, the PEN analysis found European countries invested nearly $24 million in projects with the primary aim of addressing nanotechnology risks.

PEN evaluated research projects listed in the NNI research strategy—released in February 2008 but without specifics regarding the annual project budget or the applicability of each project to assessing potential hazards—by their relevance to addressing current and future nanotechnology risks.

Research was classified according to whether it was highly relevant to addressing potential environment, health or safety hazards, substantially relevant, having some relevance, or was only marginally relevant.

By collecting individual project budget data from publicly available sources, an estimate was made of funding levels for 2006.

The assessment found 62 federally-funded projects that were highly relevant to understanding nanotechnology risk, with an estimated annual budget of $13 million.


Must ReadView All

Pic: Shutterstock

Textiles | On 25th Sep 2020

UK finance minister outlines Winter Economy Plan

UK chancellor of the exchequer Rishi Sunak yesterday outlined...

Pic: Shutterstock

Textiles | On 25th Sep 2020

India in process of finalising Mauritius FTA: minister

India is in the process of finalising the proposed free trade...

Pic: Shutterstock

Textiles | On 25th Sep 2020

Indonesia expects economy to shrink by 1.7-0.6% this year

Indonesia recently revised down its 2020 gross domestic product...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Value of 'Made in India' should get more importance

Top executives, Textile industry

Top executives
Textile industry

Sri Lanka has a good sustainable track record and strong stories to back it

Top executives, Machinery Company

Top executives
Machinery Company

We will promote latest technologies at ITMA Barcelona

Mirella Sardini,

Mirella Sardini

A leading manufacturer of automated machinery and equipment for the...

Ken Butts,

Ken Butts

The mission of Swiss company Datacolor is to empower its customers to make ...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Mark Paterson, Technical Absorbents Ltd

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search