November 29, 2007 — NanoQuebec has been awarded $11 million over the next three years according to an announcement by Raymond Bachand, Quebec’s minister of economic development, innovation and export trade. The occasion is the official launch of NanoQuebec’s funding program for key research facilities selected through a recent competition.

The funding will help consolidate Quebec’s leadership position in Canadian nanotechnology and create wealth in Quebec by accelerating development and adoption of nanotechnology in the province’s industrial sector, the nonprofit group said in a news release.

“This funding from the government of Quebec will make it possible to follow through on the ambitious business plan NanoQuebec released in the spring of 2007,” said Sylvain Cofsky, NanoQuebec’s director general. “We are committed to making a significant contribution to Quebec’s research and innovation strategy, launched in 2006 by the government of Quebec. We plan to do so by adopting a unifying approach, which will provide direction and focus efforts on activities with very strong potential for innovation.”