US Nano Relocating to Sarasota
Business
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THURSDAY JAN 29, 2015 |
US Nano, a nanotechnology early stage company, is relocating from South Bend, Indiana to Sarasota County to allow the high-tech firm to triple its employees and quintuple its space. The move comes after the company won a prestigious, $750,000 National Science Foundation Small Business Innovation Research grant coupled with securing $1 million from investors. US Nano develops flexible electronic devices based on nanomaterials printed on plastic. The proprietary nanomaterial are nanowires, which have the potential for industry-transforming commercial applications because of their ability to measure and manipulate light and heat, which is at the core of numerous sensing, imaging, fiber optic and energy harvesting and storage applications. The company has won approval for a Sarasota County grant of $3,000 per new job created, and plans to create eight jobs the first year and two the second.
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