What are the Major Challenges in Securing Funding?
One of the main challenges in securing funding for nanotechnology is the high level of uncertainty and risk involved. The field is still in its infancy, and many potential applications are in the experimental stage. This makes it difficult to predict outcomes and return on investment, which can deter both public and private funding bodies. Additionally, the high cost of entry, including the need for specialized laboratories and equipment, can be a significant barrier.