Why are Commercialization Grants Important in Nanotechnology?
Nanotechnology is a rapidly evolving field with significant potential across various industries, including healthcare, electronics, materials science, and energy. However, the journey from innovation to market-ready products is fraught with challenges such as high R&D costs, regulatory hurdles, and market entry barriers. Commercialization grants alleviate some of these challenges by providing the necessary financial support to accelerate development and reduce risks.