Accomplishments and Economic Impact

The NTI has been aggressive in the areas of technology and economic development. To date, the NTI has helped produce more than 740 intellectual property assets managed, facilitated 48 technology licenses, created or assisted 43 young companies, and attracted more than $255 million in public and private investment to the region.

Enhancing the direct economic impact of technology commercialization, the NTI contributes to the local economy and job creation through the expansion of university research programs and leveraging federal research dollars.

The success of NTI-sponsored research programs enhances the reputations of sponsored researchers, thereby improving the success rate of their grant applications, and nurtures collaborations, which provide access to funding programs and sources that individual researchers would not otherwise have.

The timeline for successful commercialization of any new transformative technology is long—as long as 15 to 20 years for biotechnology—and significant funding is required.  By these criteria, nanotechnology is still in its early stages. However, recent NTI achievements clearly demonstrate the acceleration of nanotechnology commercialization and validate the NTI model.

Nanotechnology Institute: Impact Figures

Technology Development and Commercialization

Dollars Leveraged


Intellectual Property, Patents, etc.


Jobs Created/Retained


Companies Created


Assistance to Young Companies or Companies Started


Technology Licenses




Dollars Deployed




Seminars/Symposia (Presentations Given)



Citizens Impacted

People Attending Seminars/Symposia


Internships provided


The Promise of Nanotechnology

“The use of nanotechnology in consumer products and industrial applications is growing rapidly, with the products listed in the inventory showing just the tip of the iceberg.  How consumers respond to these early products — in food, electronics, health care, clothing and cars — will be a litmus test for broader market acceptance of nanotechnologies in the future.”

–Andrew D. Maynard
Chief Science Advisor, Project on Emerging Nanotechnologies
Woodrow Wilson International Center for Scholars