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All the aforementioned agreements are negotiated and supervised by the Office of the Chief Scientist (OCS) of the Government's Ministry of Industry and Trade The OCS also supports projects that meet appropriate criteria, in particular with regard to the export potential of the final product. In 1999 alone, more than 1,000 R&D intensive projects received OCS funding to help cover costs. In addition, the OCS supports more than 250 start-up companies in 28 technological incubators around the country and through the Magnet program funds generic technologies. |
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