Background on Nanotechnology
Nanotechnology has been described as an exciting new frontier that could be the basis of the next industrial revolution. Under the National Nanotechnology Initiative (“NNI”), the U.S. federal government has invested nearly $21 billion across 25 federal agencies in nanotechnology research, development, engineering, and safety assessment since 2001. Another $1.5 billion was dedicated to the NNI for 2015. Massachusetts itself has invested over $100 million in research, development, and academic infrastructure in this burgeoning local industry since 2005. Nanotechnology is and will be a driver of economic development and the advanced manufacturing industry in Massachusetts and the United States for several decades to come.
Prince Lobel’s Nanotechnology Practice Group is a multidisciplinary team that offers both strategic and practical advice. We were named Best Nanotechnology Team in the U.S. for 2014 by Acquisition International magazine. We were instrumental in founding the New England Nanotechnology Association (“NENA”) in 2012, and have led that organization through three years of steady growth and diversification of membership. We co-sponsor and produce the annual Destination Nano Conference in conjunction with the University of Massachusetts Lowell’s Nanomanufacturing Center of Excellence, and the NSF-funded Center for High-Rate Nanomanufacturing at UMass Lowell and Northeastern University.