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President Proposes Nearly $1 Billion Budget for Nanotechnology R&D in 2005
Washington, DC-The President's 2005 Budget provides nearly $1 billion for the multi-agency National Nanotechnology Initiative (NNI), a doubling over levels in 2001, the first year of the Initiative.
The 2005 budget request is designed to support the NNI activities of 10 federal agencies, in order to advance understanding of nanoscale phenomena.
In December, the President signed the 21st Century Nanotechnology Research and Development Act, which put into law programs and activities supported by the NNI. Consistent with this legislation, in 2005 the Initiative will continue to focus on fundamental and applied research through investigator-led activities, multidisciplinary centers of excellence, and infrastructure development. It will continue to support activities aimed at assessing the societal implications of nanotechnology, including ethical, legal, health, environmental and workforce-related issues.
Read more about the President's 2005 budget proposal. nano.gov |