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* M E D I A A D V I S O R Y *
Monday - Dec. 20
WHAT: The John Adams Innovation Institute, a division of the Massachusetts Technology Collaborative, will present its first $5 Million matching fund award to the Nanomanufacturing Center at the University of Massachusetts Lowell.
WHERE: UML Trustees Room, Cumnock Hall, One University Ave., Lowell
The institute will promote the growth of the state's innovation economy by supporting the UML Center of Excellence. The Nanomanufacturing Center will work with industry partners to research nano-scale production processes, which involve materials measured in the billionths of a meter.
Participants in the announcement ceremony include State Sen. Steven Panagiotakos, UMass President Jack Wilson, MTC Director Mitchell Adams, Innovation Institute Director Patrick Larkin, UML Chancellor William Hogan and UML Nanomanufacturing Center Director Julie Chen.
The University's leadership in plastics engineering and successful history of partnering with industry place it in the forefront of transforming laboratory inventions into high-volume, mass-produced products. More than 170 Massachusetts companies have products, or are interested in developing products, that use nanotechnology. These businesses employ about 30,000 people and generate revenue over $5 billion.