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BusinessWorks Inc - A Dotcom in making

This blog is intended to stir your entrepreneurial spirit and get going with your own business. It tries to capture day-to-day issues related with a upcoming startup business. If you follow this blog long enough, it may take you from Concept to Wall Street. I invite you to submit your ideas and comments.

"BusinessWorks Blog is a must read for any would-be entrepreneur unaware of the painstaking process of building a business" - FORBES Best of Web

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Nanotechnology - Funding Opportunities

Saturday, October 16, 2004
Nanotechnology, which is still many years away from becoming a useful usable technology, surprisingly has attracted Venture capitalists like a magnet. One-tenth of 650+ companies in USA are receiving some kind of venture financing. According to National Science Foundation, amount of Venture Capital invested in Nanotechnology is expected to reach phenomenal one trillion dollars in next decade! Such a proposition is very attractive for entrepreneurs to start companies to develop nanotechnology products.

So what is the catch? Why Merrill Lynch's "Nanotech Index" is 25% down? Why Nanosys Inc, a startup nanotechnology firm, supported by major venture capital firms, backed out from $100 million+ IPO? These are the questions that make you think, is world ready for nanotechnology OR is nanotechnology ready for this world?

Next, we will discuss Federal regulations for Nanotechnology.
10/16/2004 04:59:00 PM :: ::
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