GMU gets $3.75M to grow Virginia’s nanotech industry

Starting next week, George Mason University will launch a new program to catalyze the growth of the nanotechnology industry in Northern Virginia, thanks to $3.75 million in grants.

The Fairfax institution is receiving $2.5 million for the initiative through Go Virginia Region 7, the local chapter of the commonwealth-funded initiative led by the Virginia Department of Housing and Community Development. The “Nano-Imagine” initiative will include workforce training and support for nanotech startups.

Another $1.25 million came through university funds, as well as the Prince William County Department of Economic Development and employer partners Boise, Idaho-based computer memory company Micron Technology Inc. (NASDAQ: MU), which has a Manassas manufacturing plant, and Falls Church-based BAE Systems Inc., the U.S. subsidiary of the British aerospace company BAE Systems PLC.

Nanotechnology is the sector of science and engineering that specifically deals with the design and production at the…

Read the full story from the Washington Business Journal.

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