Last month we reported that the University of Manchester has started the formal tender process to choose a contractor to build the national Graphene Institute (NGI). This project's total cost is £61 million. The UK government approved a budget of £38 million, and today it is reported that the University is bidding for £28 million from the EU for the NGI (which strangely means that the total funds available will be £66 million.

The University has submitted an application to the European Regional Development Fund. The decision is due in December, and if approved the NGI will begin operation by March 2015.