Earlier today, Senators Snowe and Widen introduced a bill in the Senate that would create a Nanotechnology Innovation Prize in up to four areas: green nanotechnology, alternative energy applications, improvements in human health, and the commercialization of consumer products. Senator Wyden stated that the prize is "a vital tool to help ensure that public and private resources will be utilized in a coordinated way and will be devoted to solving the complex and pressing problems that America faces today. This bill will also spur technological investment and create jobs here at home." You can see Senator Wyden’s full statement regarding the bill here, and Senator Snowe’s press release here.