Nano ePrint Ltd, the pioneer in planar nano-electronics, announced that it has secured a Grant for Research & Development from the UK's Northwest Regional Development Agency (NWDA). The grant will provide £234k of funding towards a £390k project to demonstrate Nano ePrint's unique printed programmable logic architecture.
This complements other venture investment and grant funding raised by the company to industrialise and commercialise its innovative approach to printed electronics.
Nano ePrint has already demonstrated that its nano-scale devices not only dramatically simplify manufacture, but also achieve over 10 times the performance and over 100 times the density of conventional printed electronics.
This new funding supports the further development of Nano ePrint's modular and configurable circuit architecture to deliver the world's first printed programmable logic devices.
This approach enables low-cost, high-volume manufacture of a generic circuit design, which can then be tailored for customer-specific requirements as it is integrated into downstream printing processes.
Nano ePrint can therefore address a wide range of market applications, from niche novelty products (such as simple printed electronic games) right through to mass-market electronic smart packaging, with a single device.
Scott White, Chief Executive Officer of Nano ePrint, commented: "This exceptional grant highlights the novelty of Nano ePrint's approach and the huge market opportunity enabled by our printed programmable logic architecture. We are grateful for the support of the NWDA in further developing this groundbreaking technology."
Nano ePrint will be showcasing its technology and product concepts at the IDTechEx Printed Electronics USA conference on December 1st to 4th. The company will be exhibiting at booth number 68, and Scott White will be presenting the benefits of printed programmable logic in the main conference at 15:40 on December 3rd.
About Nano ePrint Ltd:
Nano ePrint was formed in 2006 following pioneering research at the University of Manchester, UK. Nano ePrint's patented technology enables planar nano-electronic circuits that can uniquely be fabricated in a single layer of semiconductor via single-step patterning. Nano ePrint's devices achieve very high speeds while dramatically reducing circuit size and simplifying manufacture. For further information please visit www.nanoeprint.com or contact Scott White on +44 (0) 7808 056894.
About Grant for Research and Development:
Grant for Research and Development is part of Solutions for Business, the UK Government's package of publicly funded business support designed to help companies start and grow. The Grant helps entrepreneurs and business owners introduce innovative products and processes, including research trials and product testing. Grant for Research and Development is designed specifically to support innovative projects that have a solid commercial potential. For further information please visit www.nwda.co.uk/supportingbusiness.
Between 2007 and 2013 the Northwest of England will receive a total of £521million (dependent on exchange rate) from the European Regional Development Fund (ERDF). Managed by the Northwest Regional Development Agency (NWDA), this funding will enhance the competitiveness of the region's economy by supporting growth in employment and enterprise. For further information please visit www.erdfnw.co.uk .