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Posted: Feb 15, 2011

Germany expands nanotechnology funding with new Action Plan 2015

(Nanowerk News) Germany's federal government recently introduced its Nanotechnology Action Plan 2015.
The comprehensive approach extends and expands upon a previous program, which provided EUR 400 million in public funding for nanotechnology research in 2010 - the highest level in Europe. With these improved conditions for foreign investors, representatives from Germany Trade & Invest will be at Nanotech Tokyo from February 16-18, 2011, at booth E-18-27 in the German Pavilion. With over 30 exhibitors present, this pavilion makes up the largest national representation.
"Nanotechnology reaches across industries and research disciplines. In Germany, excellent cooperation between academic institutions, research establishments, and industry players creates excellent chances for foreign investors. With nanotechnology, we can better address a range of global challenges from mobility and energy to healthcare and communication," says Rainer Muller, Senior Manager for Nanotechnology at Germany Trade & Invest in Berlin.
German nanotechnology activities are the most intensive in Europe in terms of public and private funding, patents, active companies and targeted initiatives. With nearly 2,000 players, Germany is the European frontrunner in both research and commercialization of nanotechnology products and processes. A total of nine national nanotechnology clusters have developed.
Germany Economy Attracting Attention
GDP in Germany is projected to expand by 2.3 percent in 2011 following a record-breaking growth year in 2010. The rapid rebound after the global recession in 2009 has drawn international attention.
Iwami Asakawa, Japan Representative for Germany Trade & Invest in Tokyo: "Germany's economy is growing faster than most anticipated and attracting increased attention from international investors, especially those looking to high-tech industries of the future. This economic performance creates a unique opportunity for Japanese companies to enter the heart of the European market."
Germany Trade & Invest is the foreign trade and inward investment promotion agency of the Federal Republic of Germany. The organization advises foreign companies looking to expand their business activities in the German market. It provides information on foreign trade to German companies that seek to enter foreign markets.
Source: Germany Trade & Invest
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