Nanotech Showcase at University of Denver Shows High Potential of New Industry

The University of Denver was host to the first Rocky Mountain Nanotechnology Showcase and Conference on September, 17-18, 2007. Nanotechnology is expected by many to be a major force in many fields in the future, with current applications ranging from new types of computer memory to biotechnology applications. Both the University of Denver and the University of Colorado have active nanotechnology research programs.

Businesses in the Rocky Mountain region are exploring new commercial applications of currently developed nanotechnologies, and are exploring the possibilities in other areas. Tools and techniques in nanotechnology are new to most people, including the new forms of chemistry and the use of the Field Emission Scanning Electron Microscope (Fe-SEM) and other tools for working in this tiny world.

As of 2006, according to a University of Colorado press release, 75 companies were doing business in what is said to be a $2.6 trillion industry by 2014. Nanotechnology involves not only the invention of new materials and techniques, but also can facilitate further development in existing areas, such as semiconductor production. With both practical immediate results and long-term possibilities that are spoken of in expansive terms, investor groups such as the Bi-Annual Nanotech for Investors Summit which took place a year ago in Zurich, Switzerland are taking a hard look at the field as the next big investment possibility.

Colorado is rated as one of the hottest locations for nanotechnology for a number of reasons. Many Colorado universities, from the Universities of Denver and Colorado to the Colorado School of Mines have programs in place which are turning out trained specialists in the field. The entrepreneurial spirit of the Denver-Boulder area is strongly supported by the state, and even the dry climate is conducive to development of the tiny, sensitive nanomaterials. The numerous space-related companies in Colorado will also likely provide opportunity to develop and test materials for the aerospace industry.