The startups alone have created about 5,000 new jobs, representing onetenth of the total of about 50,000 German nanotech jobs, says Gerd Bachmann, coauthor of the VDI report.

Manufacturing Finance R&D Legal Education Profiles Bio Consumer Nanotech StockDefense Energy Environment Electronics Photonics Materials Tools AutoAero Print this article Email this article One reason Aquanova is not yet profitable is that clinical trials are timeconsuming, says Frank Behnam, who is responsible for corporate development at Aquanova. people work at the company, which has been profitable since and went public last year. The standard, which among other things doesnt require the issuance of quarterly reports, could save companies lot of money, claims von Preysing.

report by the U. K.based consulting firm Cientifica concluded that Five young nanotech companies have become listed under the new entry standard last year, says Nanogate CEO Ralf Zastrau. That is the conclusion of new Lux Research report that compares the nanotech landscape in countries. The report estimates that Germany has about nanotech startup companies founded in or later see www. nanomap. de for list. Aquanova AG, for example, was founded in and produces nanoencapsulated dietary supplements such as coenzyme Q10 to increase their bioavailability. Whats more, seven young companies got listed on the stock exchange anytime soon.

The recent Lux report found that in just 36 million in venture capital was invested in Europe, compared to 550 million in the The company was founded years by three Ulm University physics postdocs. For example, the original business plan for Nanogate was created based on ideas from the INM, says Zastrau. He compares this to selling cement or bulk chemicals, which are not very profitable except for big companies like Degussa that can sell massive amounts. Ulm is very good place for hightech startups, he explains.

For example, the original business plan for Nanogate was created based on ideas from the INM, says Zastrau. In fact about twothirds of German startups come from such spinoffs, according to the VDI report.

New initiatives and VC alternatives To improve the venture capital and investment situation, the German stock exchange, Nanostart, and others have organized NanoEquity, conference that brings together investors, nanotech companies, and scientists. new German government initiative called Aktionsplan 2010 wants to speed up innovation in these areas, he adds. The combination of pretty vibrant startup community and leading companies like BASF and Degussa that are very active in the field has put Germany in very strong position.

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