Composition(2)

My company is a R&D(Research and Development) funding agency. It's Korean government affilliated organization and made for managing national R&D projects focused on Induestrial technologies. Our company is dealing with 1.5 billion dollars to advance Industrial Technologies by planning, evaluating, monitoring national R&D projects. There are a lot of R&D programs and each of them has its particular goal such as fostering SMEs(Small and Medium size Enterprise), developing the cutting-edge technologies, promoting academic-industry R&D collaborations.

Corrected version:

The company that I work for is a research and development funding agency.  In the industry, 'research and development' can be shortened to the term 'R&D.'  My company in particular is affiliated with the Korean government, and focuses on managing R&D projects centered around industrial technologies.  The company currently has a budget of 1.5 billion dollars in order to to advance industrial technologies by planning, evaluating, and monitoring national R&D projects.  Within the company, there are a lot of R&D programs, but each of them has a particular goal.  For example, some may foster SMEs (small and medium size enterprises,) while others may develop cutting-edge technology, and others will promote academic industry R&D collaborations.