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Perry Announces 2 Nanotechnology Initiatives

Location: Dallas, TX

Perry Announces 2 Nanotechnology Initiatives

DALLAS - Gov. Rick Perry today announced that Texas has been awarded a prestigious nanoelectronics research center funded by the National Science Foundation and the Semiconductor Research Corporation. It is only the third such research center in the nation; the others are in New York and California.

"This third center will bring researchers throughout Texas and neighboring regions to develop the next-generation technology and techniques for semiconductor manufacturing," Perry said.

Called the Southwest Academy of Nanotechnology (SWAN), it will be located at the University of Texas at Austin under the direction of the principal investigator, Dr. Sanjay Banerjee.

Perry also announced a new Nanotechnology Research Initiative (NRI) in Texas, a $30 million public-private partnership funded by a $10 million grant from the Emerging Technology Fund, $10 million form the University of Texas System and the remainder from private industry.

"With this investment we will bring seven to eight globally recognized researchers and their teams to Texas to develop breakthrough nanoelectronics research, which will impact our semiconductor, energy, life sciences, aerospace and defense industries," Perry said.

Perry compared the new NRI joint venture to the successful collaborative effort Sematech has experienced over the past two decades, saying the NRI effort holds the potential to forever change Texas.

"With the global marketplace steadily marching towards a technology-based future, it is more important than ever before that we all attract and grow top-notch researchers and technology employers that will form the backbone of tomorrow's economy," Perry said.

That recognition was the impetus for the creation of the Texas Emerging Technology Fund, a $200 million tool dedicated to improving research at Texas universities, helping start-up technology firms get off the ground sooner, and speeding the process of moving new inventions out of the lab and into the hands of consumers.

Perry noted that the National Science Foundation estimates that there will be 2 million new jobs created by 2015 in nanotechnology.

To meet this need, Texas launched a $4 million nanoelectronics workforce initiative led by Austin Community College where anyone from interns to two-year students to post-doctorate graduates from all over Texas have access to Sematech's leading-edge industrial research and development facility to participate in one of the most rigorous technical training programs in the world.

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