A nanotechnology project in Northallerton is one of 25 genius inventions across the country to be given a major boost by the Department of Trade and Industry.
Thomas Swan Nano Instruments, of Swainby, Northallerton, has won funding towards a £1.4 million nanoelectronics production project on technology for wafer scale carbon nanotubes and nanowires.
It is one of 25 genius inventions across Britain which are to receive £15 million worth of funding for ventures ranging from anti-corrosion coatings and electronics to water purification and printing.
This new Whitehall investment through the Department of Trade and Industry (DTI) will provide up to a maximum of 50 per cent of each project's total value.
Announcing the grants, DTI Minister Nigel Griffiths said: "Nanotechnology is an important and exciting emerging technology, one that has the capacity to improve daily life for us all. It is about designing new products and improving existing ones by making things much smaller, faster, stronger, or more energy efficient.
"We want to help organisations turn ideas into reality, helping create jobs and prosperity for companies in the UK."
Updated: 10:20 Wednesday, August 25, 2004
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