National Technology Agency
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The National Technology Agency (known until 1999 as the Technology Development Centre) is an organization for research and technology development in the Republic of Finland. It was formed on 1 July 1983. According to the Agency, its purpose "is to promote the competitiveness of Finnish industry and the service sector by assisting in the creation of world-class technology and technological know-how". Its annual budget is four hundred million EUR. Its funds come from the Ministry of Trade and Industry.
Locations [edit]
The Agency is based in Helsinki. It has fourteen regional Employment and Economic Development Centres (also known as the T&E Centres) throughout the Republic. The Agency also has offices in Beijing, Brussels, Tokyo, Silicon Valley, Shanghai, and the District of Columbia. The Agency claims to employ 320 people.[citation needed]
Brief history [edit]
The Centre was founded primarily in response to an economic recession during the 1970s. At its formation in 1983, it employed twenty people. It began researching energy technology in 1995.
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