How do government grants support nanotechnology research?
Government grants are pivotal in supporting early-stage and fundamental research in nanotechnology. These grants are typically awarded through a competitive process based on peer review. Programs like the Nanotechnology Initiative in the U.S. aim to advance the understanding of nanoscale phenomena and develop new materials and devices. Government funding often covers expenses such as equipment, personnel, and materials, thereby enabling researchers to explore innovative concepts without immediate commercial pressure.
