LONDON Yorkshire Forward is providing a £5million funding package for three University-based centres to help the region's companies exploit the global market in micro-and nanotechnology (MNT).
MNT is predicted to be one of the key technology growth areas for this century, and the DTI estimates that the global market for nanotechnology products could be $1 trillion in the next decade.
Three projects being funded including the Nanofactory, based at the University of Leeds in partnership with the Universities of Bradford and Sheffield It has been given £2.121 million to refurbish facilities and help to create the UK's first nano-manufacturing centre with a focus on consumer products.
The York-JEOL Centre for Nanolithography and Analysis, based at the University of York, has been given £1.65 million. The funds will be used to refurbish space and help to purchase new equipment to offer a world-class facility open to industry.
The Polymer Interdisciplinary Research Centre, based at the Universities of Sheffield, Leeds and Bradford and host to the new Micro- and Nano-Moulding Centre, has been given £1.212 million. The funds will used to upgrade key equipment and enable the centre to focus on the commercial development of nanotechnology in the fields of polymer and composite materials.