In 2000, Northwestern University made the bold strategic decision to establish the International Institute for Nanotechnology (IIN), the first institute of its kind in the country.
Formed as an umbrella organization to coalesce the nanotechnology efforts across campus, to develop partners across the country and the world, and to secure major federal research grants, the IIN now represents and unites more than $800 million in nanotechnology research, educational programs, and supporting infrastructure.
Since its inception, more than 1,800 products and systems have been commercialized worldwide. Twenty-two start-up companies have been launched based upon IIN research, and they have attracted over $700 million in venture capital funding.
One of Northwestern’s largest collaborative efforts, the IIN has a deep talent pool that includes 44 members of the National Academy of Sciences, the National Academy of Engineering, and the Institute of Medicine. It brings together 190 chemists, engineers, biologists, physicians, business and marketing experts, and others from across the University to focus on society’s most perplexing problems.