The NNS has the broad task of uniting all participants in the innovation process, from scientists to entrepreneurs. It is being created to form a competitive research sector in nanotechnology and an effective system to commercialise that know-how.

The goal is to boost the volume of nano-production and create an entry point for Russian companies onto the global market. The domestic market for nanotechnology was an estimated 19.2 billion Roubles ($637 million)
in 2009, a figure that should reach 55 billion Roubles by 2015, an Education and Science Ministry spokesman said. NNS members will work in nine different spheres: electronics, engineering, energy, space, biotechnology, security systems, high-purity substances, composite nanomaterials and construction nanomaterials.

Source: the Moscow Times