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First Deputy Prime Minister of Russia Sergey Ivanov
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July 13, 2007
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Nanoindustry Gets Megafinancing
The Russian government has approved the investment of 24.9 billion rubles in a federal target program for the development of the nanotechnology industry in Russia in 2008 through 2010. First Deputy Prime Minister Sergey Ivanov, who is in charge of the industry in the government, said that the government would determine what that sector should produce in the first quarter of 2008. In the meantime, the federal money will go to “standardization, metrology” and the formations of a “national nanotechnology network.”
Minister of Education and Science Andrey Fursenko, who presented the program along with Ivanov at the Thursday session, explained that the money would be used to provide “elements of the national nanotechnology network formed on the basis of the state corporation with special experimental, diagnostic and scientific equipment.” Ten nanotechnology centers will be set up in institutions f higher education for that purpose, and the state corporation Gosnanotekh will receive 130 billion rubles from the state this year and next.

Ivanov stated that the ultimate goal of the program is “to enter the market with a commercial product.” That product will be defined in the first quarter of 2008. Since the current cabinet of ministers will be in office no later than March 2008 (after the presidential elections), they may not be the ones to approve that decision.


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