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Posted: August 5, 2008
NanoKTN to host UK's first NanoFinance event
(Nanowerk News) The Nanotechnology Knowledge Transfer Network (NanoKTN), the UK’s primary knowledge-based network for Micro and Nanotechnologies, has announced that the first UK NanoFinance event will take place on Thursday 25th September at the Institute of Directors in London. This one-day seminar and exhibition will address the current business climate in the nanotechnology market, highlighting various funding schemes available to companies and academics working in this area.
The aim of NanoFinance is to connect nanotechnology innovators, entrepreneurs and potential end-users with those interested in funding or investing in the market.
In 2007 the total value of nanotechnology venture capital deals worldwide fell for the first time since 1999, with investment dropping from $738 million across 73 deals in 2006 to $702 million across 61 deals in 2007. This 16% drop in the number of deals is evidence to the fact that new interest in investment needs to be created if start-up nanotechnology businesses are to continue emerging (Source: Lux Research). Nanotechnologies are seen as crucial to delivering the UK’s wealth creation over the next 20 years and the NanoKTN aim to disseminate information about the latest technologies, to encourage and create more inward investment.
“NanoFinance will enable nanotechnology innovators to connect with those who have an interest in funding this market. A wide spectrum of nanotechnology organisations and funding providers will be brought together to stimulate connections. It is a great opportunity for anyone with an interest in this market and investment to find out about everything from pre-competitive collaborative research right through to start-up finance,” explains Dr James Johnstone, Theme Manager at the NanoKTN.
He continues “There will be a number of high-profile guest speakers at the event, including keynote presentations from Michael Holman, Research Director of Lux Research in the Netherlands, and Peter Newton, Innovation Advisor at Innovation Advisory Service.”
Partnering with the NanoKTN at this event will be The Chilli and the European Nanotechnology Trade Alliance (ENTA). The Chilli is a media platform for high-tech entrepreneurs, investors and advisors that investigates key challenges within the market and provides information on benchmarks and guidelines, with the aim of taking business within the technology market further. ENTA bridges gaps between governments, science, and industry policy makers and ensures new nanotechnologies are developed in a safe responsible manner. Both these organisations will be supporting the NanoKTN and promoting the NanoFinance event.
NanoKTN will be holding its first NanoFinance event: ‘Fostering Business Opportunities in UK Micro & Nanotechnology’ on September 25th. For more information about the NanoFinance event and details on how to attend, and more information about the NanoKTN, please visit www.nanotechnologyktn.com.
Established by the Technology Strategy Board, the NanoKTN is managed by Centre for Process Innovation Ltd, a leading technology development and consulting company.
The NanoKTN facilitates the transfer of knowledge and experience between industry and research, offering companies dealing in small-scale technology access to information on new processes, patents and funding as well as keeping up-to-date with industry regulation. The four broad areas that the NanoKTN focuses on are: Promoting and facilitating knowledge exchange, supporting the growth of UK capabilities, raising awareness of Nanotechnology, and providing thought leadership and input to UK policy and strategy.
About Knowledge Transfer Networks (KTNs)
KTNs (www.ktnetworks.co.uk) have been set up by government, industry and academia to facilitate the transfer of knowledge and experience between industry and the science base. They bring together diverse organisations and provide activities and initiatives that promote the exchange of knowledge and the stimulation of innovation in these communities.
The first KTNs were set up in 2005 and the network continues to grow. They are active in sectors, technologies and market-based areas and they interact strongly with the government’s Technology Programme and overall technology strategy.
The Centre for Process Innovation (CPI) was established by One NorthEast as a UK wide resource to stimulate and drive innovation within the Process Industry. Working with global industry partners and leading research universities CPI is committed to delivering world-class, groundbreaking applied research and development.
About The Technology Strategy Board
The Technology Strategy Board (www.innovateuk.org) is a business-led executive non-departmental public body, established by the government. Its role is to promote and support research into, and development and exploitation of, technology and innovation for the benefit of UK business, in order to increase economic growth and improve the quality of life.