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 News From the Field Advanced Manufacturing Venture Highlights Region's Economic Prospects

November 19, 2012
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Printed electronics and related advanced manufacturing technologies have the potential to be a $45 billion global industry, according to business analysts. Rochester Institute of Technology researchers will be able to play a key role in advancing this industry as a result of the development of a university-industry partnership with regional and national high-tech firms.
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Source Rochester Institute of Technology
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2012, its budget was $7.0 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 50,000 competitive requests for funding, and makes about 11,500 new funding awards. NSF also awards about $593 million in professional and service contracts yearly.
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