an annual budget of 190 million EUR (in 2002) at its disposal. Paul Zeeuwts was its President from 1991 until 2009.

Besides direct funding of projects, the institute provides a variety of services to the local industry in the field of technology transfer, partner search, information about international subsidy options, etc. Part of its mission is to promote a strong co-operation between all organisations in Flanders, offering technological innovation services to companies. Over the years the institute has become the knowledge center for R&D and innovation in Flanders.