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Flemish Government Increases Financial Support of imec

Under five-year strategic commitment, imec’s annual grant has been raised to €108 million.

Imec and the Flemish government announced a new, five-year strategic commitment that aims at strengthening the pioneering role of Flanders’ research hub. Imec’s annual grant has been raised to €108 million, with extra money being invested in imec’s longer-term strategic research to consolidate its global position in advanced semiconductor R&D and digital technology and their application domains in smart health, smart cities, smart mobility, sustainable energy and Industry 4.0.
 
 Following the 2016 merger of imec and iMinds, the Flemish research institute in software and ICT, Flanders has a world-class innovation hub in the domains of nanoelectronics and digital technology, collaborating with industry leaders and universities and research centers worldwide. The center’s innovation capacity culminates in more than 120 European patent applications on a yearly basis.

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