For the fiscal year 2002, the US government proposed $519 million dollars for nanotech research and the budget enacted by Congress is about $604 million, up from about $497 million proposed, and $422 million approved, in fiscal year 2001. The 2003 proposal is now $710 million (an extra $31 million in associated programs having been added to the original $679 million).
In Europe, 1.3 billion euros is earmarked for nanotechnology, new materials and production processes for the 2002 - 2006 Framework Programme, Figures coming out of Europe are sometimes confusing and contradictory, in part because much nanotechnology is funded in ways that don't specifically identify it as such. The table above shows the latest available spending figures for the EU plus individual European countries—it should not be forgotten that Europe is still far more a collection of individual countries than a bloc.
In the Far East spending is also impressive (see table). The Chinese figure doesn't initially seem that high but one has to allow for the fact that it buys a lot more in China than it would in the US, Europe or Japan. Adjusting for that, the figure is probably closer to $1 billion US equivalent.
| Government nanotechnology spending in the Far East,2002 | |
| Japan | $650M |
| China | $200M |
| Taiwan | $150M |
| Singapore | $40M |
| Total | $1.19B |
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