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Nano Startups Win $75,000 for Big Ideas

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CLEVELAND, Oct. 24 -- Two early-stage companies each won $75,000 in the second annual International and North Coast Nanotechnology Business Idea Competitions held on the campus of Case Western Reserve University last week. Nanotechnology involves technological developments on a submicroscopic level. AeroClay of Cleveland and Keystone Nano of State College, Pa., won over four other finalists in the competitions. AeroClay, which is being formed by Case professor David Schiraldi, won the North Coast competition for the best business idea from Northeast Ohio, and Keystone Nano, a medical imaging...Read full article

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    Published: October 2005
    Glossary
    nanotechnology
    The use of atoms, molecules and molecular-scale structures to enhance existing technology and develop new materials and devices. The goal of this technology is to manipulate atomic and molecular particles to create devices that are thousands of times smaller and faster than those of the current microtechnologies.
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    quantum dots
    A quantum dot is a nanoscale semiconductor structure, typically composed of materials like cadmium selenide or indium arsenide, that exhibits unique quantum mechanical properties. These properties arise from the confinement of electrons within the dot, leading to discrete energy levels, or "quantization" of energy, similar to the behavior of individual atoms or molecules. Quantum dots have a size on the order of a few nanometers and can emit or absorb photons (light) with precise wavelengths,...
    AeroclayCASEcompetitionindustrialKeystone NanomolecularNano-NetworknanotechnologyNews & FeaturesNortechOhiophotonicsQD Visionquantum dots

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