France funds nanotech incubator in Grenoble

from the World-Watch dept.
According to a report in Tornado-InsiderThe Renaissance of Minatecì, by D. Coviello, 23 July 2001), funding has been secured for Minatec, the new research and incubation center for microtechnology and nanotechnology startups in Grenoble, France. Minatec operates under the French Commissariat de líEnergie Atomique (CEA) Laboratoire díélectronique, technologie et instrumentation (LETI; website is in French), based in Grenoble. The financing plan would provide 122 million euros (about U.S. $106 million). About half of the funds will come from nearby regions, towns, councils and departments, with the remainder provided by private institutions and the CEA. According to the report, Minatec aims to build a 60,000-square-meter center for 3,500 entrepreneurs, students, professors and researchers in the field of microelectronics and nanotechnology to work on developing products and launching start-up companies. It is expected to be completed by 2004.
If you read French, you can find more information at the Minatec website.

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