The funding for Shimane's Nanotechnology Project Center came from San-in Godo Bank through an industry-academia cooperation program.
S-Nanotech Co-Creation, a Japan-based commercialisation initiative at Shimane University’s Nanotechnology Project Center, has received a ¥200m ($1.9m) investment from commercial banking firm San-in Godo Bank.
San-in Godo Bank has made the commitment through an industry-academia cooperation program aimed at bolstering the funding and expertise available to Shimane University’s innovation ecosystem.
The corporate broadly aims to use such academia partnerships as part of its bid to foster university-sourced innovations that challenge existing business conventions and support regional startup creation.
Shimane established the Nanotechnology Project Center in January 2013 to succeed an earlier program called the S-nanotech Project that had focused mainly on nanomaterials initiatives.
S-Nanotech Co-Creation carries out R&D at the centre based on market needs by employing more than 40 producer-driven programs, several of which are expected to be commercialised.
