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Business
EC Okays France's Nanotech Funding
June 9, 2008
| A version of this story appeared in
Volume 86, Issue 23
The European Commission has given the green light to more than $71 million that the French government has provided to support the Genesis R&D program. A consortium of 17 partners, headed by chemical maker Arkema, is implementing the program to develop nanomaterials for six areas: car components, energy storage, cables, composites, conductive inks, and the environment. Genesis will spend nearly $170 million over five years. EC decided that the French program meets its government aid conditions for R&D and innovation.
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