France’s new nanotechnology program, Nano-INNOV, will receive €70 million ($98 million) in funding, including €46 million to support the construction of a research center in Saclay science park. Construction, which will begin by year end, is expected to be expedited because the new lab will be built using the design of existing labs. Nano-INNOV will also add €17 million to the National Research Agency’s (NRA) funding for 2009 technology project proposals, as well as €7 million for equipment under the NRA’s basic technology network program. Current funding for the two programs is €35 million and €12 million, respectively. A committee will be created to oversee the distribution of funds.

Source: ResearchResearch.com