SICYT is in charge of: Designing, proposing and coordinating the administrative and technological innovation policies of the National Public Sector in its different areas and determining and technological innovation policies of the National Public Sector in its different areas, and to determine the strategic guidelines and the proposal of regulatory norms in this area. Establishing national policies and the resulting priorities in the form of national science, technology and innovation plans. Formulate the policies and establish the mechanisms, instruments and incentives necessary for the private sector to contribute to the development of science, technology and innovation. Commission studies to promote the development of science, technology and innovation in the country. Establishing the policy of international cooperation in the field of science, technology and innovation, and strategic alliances, to promote its implementation, within the framework of its competencies.