In view of its expansion, ICS moved to new premises at the AREA Science Park in 1998. ICS also receives funding from other donors such as the European Union. ICS Managing Director since November 1997 is Engineer Francesco Pizzio. Steering and scientific committees meet regularly to give guidance on interdisciplinary, general and technical matters. The ICS mandate is to advance the industrial competitiveness and investment climate in developing and emerging countries.
Technology foresight is one of the main focuses.
The Centre's goals are reached through a wide set of projects , promoted with partner institutions in beneficiary countries. They are supported by a training programme of awareness-building training courses, seminars, workshops, fellowships, grants and study visits. These serve as support for project identification, formulation, and so on. Project proposals are submitted for international donor funding. Networking is an important part of the ICS strategy.