Small technologies aim for big foothold in Europe
|27 June 2012 |
|The first Victorian Government-sponsored delegation focusing specifically on small technologies will head to Europe tomorrow. The delegation of 12 Victoria-based companies would be led by the Monash University based Small Technologies Cluster.|
|The term 'small technologies' refers to the convergence and integration of microtechnology, nanotechnology, biotechnology, ICT and advanced engineering technologies. Microtechnology is engineering on the scale of one millionth of a metre; nanotechnology is engineering on the scale of one billionth of a metre or at the scale of a single atom.|
Victoria is already ahead of the pack in developing its small technologies industries and is in an excellent position to capitalise on breakthroughs and developments occurring around the world.
The European small technologies market is one of the largest in the world, accounting for a quarter of the global investment in nanotechnologies. The delegation is heading to Europe to promote the state’s capabilities, forge alliances and bring back new knowledge.
The mission will visit key small technologies centres in Norway, Germany and the Netherlands for business-to-business introductions, networking and site visits. The visit will culminate in the Commercialisation of Micro-Nano Systems Conference in Norway.
The Victorian Government is providing more than A$10 million to support small technologies businesses in taking advantage of international developments and to encourage the uptake of opportunities the sector presents. This as part of its A$85 million technology plan to support greater internationalism in the sector.