The CYTED is a platform that promotes and supports multilateral cooperation in science and technology, oriented transfer of knowledge, experience, information, results and technologies among countries in the Latin American Region. CYTED is a common instrument of national systems of science and technology to promote cooperation in research and innovation, and promote technology transfer activities to the business sector and the creation of business incubators in the Latin American Region.
CYTED was created in 1984 through an Interagency Framework Agreement signed by 21 countries of Spanish and Portuguese language (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Spain, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Portugal, Dominican Republic, Uruguay and Venezuela). Since 1995, the CYTED is formally included among programs Cooperation of the Ibero-American Summits of Heads of State and Government.
Since its inception CYTED has funded 504 700 Thematic Networks and Innovation Projects, involving more than 8,500 research groups 301, and the involvement of more than 28,700 Latin American scientists and technologists.