Nano Nano
by October 28, 2002 12:00 am 80 views
The television show “Mork from Ork” featured an alien who traveled to earth in an egg. NanoMech Inc. of Fayetteville is a hatchling company that apparently has only the sky for its limits.
A creator of codings which carry unique and desirable properties for nanotechnologies, NanoMech is apparently on the verge of getting two Small Business Innovation Research program grants that would bring it $200,000 in working capital.
Those two $100,000 Phase I SBIR grants are only the beginning though. Successful progress at this stage qualifies the firm for a Phase II funding that could total $1.5 million.
A client of Virtual Incubation Corp. of Fayetteville, NanoMech is considered among the area’s knowledge-based businesses to be one of the closest to achieving commercialization.