PCAST: Report to the President and Congress on the Fourth Assessment of the National Nanotechnology Initiative (2012)

Subject Area:
External Evaluations of the NNI
Author: Executive Office of the President; President's Council of Advisors of Science and Technology (PCAST)
Publication Date: Apr. 27 2012

Description:

The National Nanotechnology Initiative (NNI) is a crosscutting Federal program designed to coordinate U.S. investment in research and development (R&D) activities in nanoscale science, engineering, technology, and related efforts across 25 agencies and programs. This is the fourth review of the NNI by the President’s Council of Advisors on Science and Technology (PCAST) since the council was designated in 2004 as the National Nanotechnology Advisory Panel tasked with reviewing the initiative.

The Federal Government has proposed $1.8 billion of funding in fiscal year (FY) 2013 for 15 agencies with budgets dedicated to nanotechnology research and development. The FY 2013 request will represent total funding of $18 billion over the life of the Initiative. Nearly 75 percent of this funding goes to three Program Component Areas: Fundamental Nanoscale Phenomena and Processes, Nanomaterials, and Nanoscale Devices and Systems. The NNI continues to support a strong and growing portfolio of research on the societal implications of nanotechnology, nanotechnology education, and public outreach. The President’s 2013 budget includes a total of $306 million—a 24-percent increase compared to 2011 actual spending—for three Nanotechnology Signature Initiatives: Nanotechnology for Solar Energy Collection and Conversion; Sustainable Nanomanufacturing: Creating the Industries of the Future; and Nanoelectronics for 2020 and Beyond. These initiatives foster meaningful interagency collaboration and serve as springboards for the rapid advancement of nanoscience and technology toward commercialization.


Nanotechnology Fact

Nanotechnology has the potential to create many new jobs across a variety of sectors. While some jobs, will require an advanced degree, a 2014 study funded by the National Science Foundation points out that 2-yr and 4-yr training with access to continuing and technical education will be sufficient for many of the future positions in nanotechnology, nanomanufacturing, and beyond.                                                                                                             

Previous estimates stated that 6 million nanotechnology jobs will be needed by 2020, with 2 million of those jobs in the United States (Roco, Mirkin, and Hersam 2010). According to the U.S. News/Raytheon analysis, the number of STEM jobs increased 20 percent between 2000 and 2014. Looking ahead, the U.S. Bureau of Labor Statistics (BLS) projects that between 2012 and 2022, employment in occupations that NSF classifies as science and engineering (S&E) will increase 15 percent. To find out about nanotechnology programs at college and graduate levels, see College and Graduate Programs. If you are interested in 2-year degrees or training programs, see Associate Degrees, Certificates, & Job Info.

 

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