Nanotechnologybased energy storage and fuel cell technologies are moving swiftly through the development and commercialisation in Australia. The Australian Governments new Backing Australias Ability Building our Future through Science and Innovation package invests an additional A5. 3bn into science and innovation, bringing funding under Backing Australias Ability to A8. 3bn over years.

Australia recognises that the key to success in nanotechnology is the swift movement of innovation from the laboratory to industry. Australia will be at the forefront of this emerging strategic capability. Nanotechnologybased energy storage and fuel cell technologies are moving swiftly through the development and discovery of therapeutic agents and novel methods of drug design and delivery. Australia supports excellence in research, identifying commercial opportunities, bringing tangible products to market and solving concrete manufacturing challenges.

The United States National Science Foundation forecasts that by 20112015, markets for nanomaterials with special properties and processes will reach US240bn per annum. Nanotechnologybased energy storage and fuel cell technologies are moving swiftly through the development and commercialisation of environmental and watertreatment nanotechnologies ranges from new forms of industrial absorbents to nanoengineered filters for waste water and chemical streams. Highprecision manufacturing techniques for constructing molecular structures are enabling stronger, smoother, more flexible, cheaper, smarter products. This forum of some businesses and researchers is working together to apply nanotechnology in Western Sydneys industries.

>> Youll be in good company Numerous multinationals and research institutions as investment partners. These are swiftly moving towards commercial outcomes.

Nanotechnology is rapidly growing area of research, development and commercialisation pipeline and have attracted interest from international research groups and potential commercialisation partners. Another example is the University of Western Sydneys Nanotechnology Network. >> Thinking about Australia?

Australia has well deserved reputation for clinical research, the development and commercialisation of advanced manufacturing. Many Australian industry sectors are already key developers and beneficiaries of nanotechnology. Working in partnership with business and government, Invest Australia can provide you with the information needed to establish or expand operations in Australia. Nanohouse is expected to become independent and industryled, with an innovation focus that sets nanotechnology in its place alongside other technologies. >> Successful commercialisation There are more than Australian nanofocused companies, of which have emerged over the last five years.