It's NE Ohio and the Rest of the World: ASM to Co-Sponsor 2nd Annual International Nanotechnology Business Idea Contest and a Total of $150,000 in Prizes

Oct 19, 2005, 01:00 ET from ASM International

    CLEVELAND, Oct. 19 /PRNewswire/ -- Where will the next big business idea
 in the field of nanotechnology come from -- somewhere else in the world, or
 right here in Northeast Ohio?
     We're about to find out at NanoWeek 2005, as ASM International, The
 Materials Information Society co-sponsors the 2nd International Business Idea
 Competition. A Northeast Ohio competition will also be held. Both competitions
 offer $75,000 in prize money, for a total of $150,000.
     The competitions are sponsored by TiME (The Institute for Management and
 Engineering), Case Western Reserve University, the Keithley Foundation, ASM
 International and the Nano-Network.
     "It's Northeast Ohio and the rest of the world," said Stan Theobald, ASM
 managing director.  "As an international organization ourselves, we're proud
 to be co-sponsoring the worldwide competition.  And, as a company
 headquartered near Cleveland, we're looking forward to seeing how we stack up
 locally against that international standard."
     "On the international side of the competition, we are interested in
 business ideas from anywhere in the world that are based upon or enabled by
 nanotechnology, and which will provide a superior means of meeting a market
 need," said Cyrus Taylor, professor of physics, director of the physics
 entrepreneurship program, and coordinator of science entrepreneurship programs
 at Case Western Reserve University.
     While entries may represent any area of technology, ideas in the areas of
 energy, healthcare and medicine, aerospace and automotive applications, and
 consumer products are particularly favored to win.
     A distinguished panel of judges -- including Mike Kenney of ASM
 International -- will determine the distribution of the prize money for the
 international competition.  Presentations by finalists and the awards ceremony
 will be held on Oct. 20-21 during NanoWeek 2005 in Cleveland. The awards
 ceremony will be at Case Western Reserve on Oct. 21 and is open to the public,
 free of charge.
     ASM International is a co-sponsor of the highly successful Nano App Summit
 event that is being held in Cleveland this week.  The summit features "real-
 world successes": nano-enabled products and processes in the aerospace,
 automotive and consumer products markets. "As The Materials Information
 Society, ASM is heavily involved in emerging technologies -- like
 nanotechnology -- that are changing our world," Theobald said.
      Contact Rego Giovanetti, Communications Officer, 216/215-2681 (cell)

SOURCE ASM International