BR- SC. & TECH 3

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The objective of the Science and Technology Reform Support Project is to improve the overall performance of Brazil's science and technology (S&T) sector by undertaking activities that promote scientific research and technological innovation in an efficient manner. It will support reform efforts and finance investments designed to: a) stimulate private sector financing and execution of research and development; b) increase and improve the stock of S&T human capital; and c) supply support services required to increase the efficiency of public and private investments in S&T activities. The project has three components. First, the technology development component will stimulate R&D&E (research, development, and nonroutine engineering) activities in the private sector, focusing on innovations by small- and medium-scale enterprises (SMEs). Second, the S&T research component will increase and improve the stock of high-level human capital, focusing on investments on scientific research and graduate training under improved procedures and policies. Third, the sectoral support activities will improve efficiency and quality throughout the S&T system. This will support portfolio protection of intellectual property rights, and provision of metrology, standards, testing, and quality (MSTQ) services.