Research on synthesis, structure and functional properties of nanomaterials, their technological use and an effective development of these materials necessitates joining the research potential and resources of a number of institutions, in particular pertinent institutes of the Academy of Sciences of the Czech Republic and universities. It is necessary to establish a direct link between fundamental research and industry for a transfer of research results into the technological praxis. Realization of these goals is the purpose of the newly founded Center for Innovation of Nano-materials and Nanotechnologies. The J. Heyrovský Institute of Physical Chemistry of the Academy of Sciences of the Czech Republic, v. v. i., has for years devoted a significant portion of its working capability to investigating nanomaterials within the framework of numerous research projects of both EU and domestic grant agencies. The Center will be equipped with a progressive instrumentation and computational technique for high-tech synthesis, structural characterization and clarification of functioning of nanomaterials, as well as to develop and judge their technological applicability. The Center will also serve to train and inform Ph.D. students, employees from industry and the general public. Formation of the Center began October 1, 2008. The start of its operation is scheduled for November 2010.