We present a one-year proposal regarding “Well-dispersed Noble Metal Nanoparticles on Carbon Microdot: Enhancement of Conductivity and Stability of Polymeric Positive Temperature Coefficient Protector (PPTCP)” which is divided into four subjects including, 1. Synthesis and functionalization of biowaste derived carbon nanomaterials to utilize in the application of PPTCP, 2. Fabrication of polymer supported carbon-based nanocomposite for practical applications, 3. Synthesis of highly dispersed metal nanoparticles stabilized with carbon nanomaterials, and 4. Development of transition metal dichalcogenides nanosheets mixed with polymer/carbon nanomaterials. This proposal is mainly focused on the development of different kind of carbon nanomaterials. In addition, the prepared nanomaterials will be functionalized with many different materials such as polymers, metal nanoparticles, transition metals, and so on. Then, functionalized nanomaterials will be characterized by using various analytical techniques; moreover the fundamental photoprocesses including absorption and fluorescence will be characterized. Finally, the functionalized carbon nanomaterials will be utilized to the PPTCP and various applications.