Sunday, May 18, 2008

$30 Million In Nanotechnology

Alberta isn't only about the oil sands. There is a diversified economy that helps support this economic wonderland nanotechnology will be super-funded by the Stelmach government in hopes that Alberta will lead in this burgeoning field.

"The money comes out of a $130-million fund the Stelmach government announced last May to expand Alberta's nanotechnology sector. It also tapped that fund to pledge $15 million over five years in research grants for Alberta nanotech businesses.

Alberta, eager to compete for researchers and sales in a rapidly growing worldwide market for nanotechnologies, boasts about 45 companies with combined annual sales of more than $300 million, the government said."Full Article

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