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Govt. to support innovative research

The Japanese government is supporting innovative researchers in an effort to foster new technologies as part of its growth strategy.

Government officials are setting up a fund worth over 530 million dollars to help make Japanese industries more competitive. They've chosen 12 research proposals from 180 submissions.

One group of researchers wants to find a way to recycle highly radioactive waste into rare metals.

Another group is trying to commercialize energy-efficient IT equipment that can operate for many hours without recharging.

The officials in charge of the program will provide each group with up to 50 million dollars.

The funding will allow them to hire more specialists or team up with advanced research organizations.

The officials will announce their selections on Tuesday.

Jun. 23, 2014 - Updated 00:48 UTC