Googling for news on the graphene grant turns up article after article about
Nokia getting $1.35 billion dollars to develop graphene all who seem to be
copying the "news" directly from other articles that say the same thing.
I
finally found this closer to the source article that presents a very different
picture. Nokia is only one member of a consortium, is not even the leader of the
consortium. The core consortium is comprised of three universities, three
research institutes, and two industrial partners, Nokia and AMO (Germany). Then
there are "hundreds of dedicated research teams" around the world outside the
core group. The EU is allocating 1 billion euro over 10 years for the
consortium. The headlines elsewhere make it sound like Nokia is getting enough
to perhaps save it from its failings in mobile phones. $1.35 billion sounds
like so much money. Well, how does their likely share of $135 million per
year for ten years compare to what they would need to survive the Elop effect on
their mobile business?
€2 billion in European funding goes to Graphene
and Human Brain projects
According to that article, the "$1.35
billion" grant is actually 1 billion euro (half the 2 billion funding to
graphene research, half to human brain research) and as the article
says
Large-scale interdisciplinary projects titled Graphene and the
Human Brain Project will receive up to €1 billion each ($1.4 billion or £8.5
million) over 10 years as the winners of the European Commission’s Future and
Emerging Technologies (FET) Flagships Initiative.
[ ... ]
Who’s in
the Graphene consortium?
Led by Dr. Kinatet of Chalmers University of
Technology, the Graphene consortium includes the University of Manchester,
Lancaster University and Cambridge University in the UK; the Catalan Institute
of Nanotechnology in Spain; the National Research Council of Italy; the European
Science Foundation, based in France; and industrial partners Nokia from Finland
and AMO from Germany. Aside from these core partners, the project will include
hundreds of dedicated research teams based at universities in Europe and other
parts of the world.
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