NNI Supplement to the President's 2012 Budget

Subject Area:
NNI Budget
Author: Nanoscale Science, Engineering and Technology Subcommittee; Committee on Technology, National Science and Technology Council
Publication Date: Mar. 7 2011

Description:

This document is a supplement to the President’s 2012 Budget Request submitted to Congress in February of 2011. It gives a description of the activities underway in 2010 and 2011 and planned for 2012 by the Federal Government agencies participating in the National Nanotechnology Initiative (NNI), primarily from a programmatic and budgetary perspective. It is based on the NNI Strategic Plan released in February 2011 and reports actual investments for 2010, estimated investments for 2011 and requested investments for 2012 by program component area (PCA), as called for under the provisions of the 21st Century Nanotechnology Research and Development Act (Public Law 108-153).

Additional information regarding the NNI is available on this site on NNI Budget page.


Nanotechnology Fact

Nanotechnology has the potential to profoundly change our economy and improve our standard of living, in much the same way as information technology advances have revolutionized our lives and the economy over the past two decades. While some commercial products are beginning to come to market, many major applications for nanotechnology are still 5-10 years away. Private investors look for short-term returns on investment, generally in the range of 1-3 years. Consequently, government support for nanotechnology research and development in its early stages is required to ensure that the United States can maintain a competitive position in the worldwide nanotechnology marketplace while realizing nanotechnology’s full potential. For more information on the various funding mechanisms of the NNI, see Funding Opportunities. To see some examples of what NNI funding has accomplished, see NNI Achievements in Nanotechnology.

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