One concrete measure that can be undertaken to stimulate more inter-disciplinary cooperation in nanomedicine is to forge **collaborative research grants and funding programs** which would draw on specialists in materials, medicine, bioengineering and other fields. The long-term outcome expected from the creation of funding structures favoring interdisciplinary proposals is that researchers from various fields will be encouraged to devise multi-faceted solutions. As an illustration, a program announcement might specify that medical researchers will be engaged in looking at the clinical aspects of the application, while materials scientists will be utilized to carry out the nanomaterial design. This initiative promotes a common purpose and develops collaboration across the disciplines, thus improving the ability of experts to wisely integrate their distinctive perspectives and resources and thus speeding up the process of innovation in nanomedicine.