Aug. 24, 2006 — Pennsylvania Governor Edward G. Rendell said the commonwealth will invest $11.1 million to support Pennsylvania’s scientists and researchers in nanotechnology and engineering research.
The Governor said the Ben Franklin Technology Development Authority (BFTDA) approved the allocation from its university program to support the Pennsylvania Initiative for Nanotechnology and related projects.
The announcement was made on Wednesday on the campus of Lehigh University by Department of Community and Economic Development Secretary Dennis Yablonsky. With over $63 million in support to build-out facilities and jump-start nanotechnology related programs, this investment has leveraged more than $70 million in federal funding for a total investment of $133 million.