The National Secretariat of Science, Technology and Innovation of the Republic of Panama is an autonomous institution, which was created by Law 13 of April 15, 1997, later modified by Law 50 of December 21, 2005 and by Law 55. of December 14, 2007, which granted autonomy to the institution in its administrative tasks. The Secretariat works guided by the guidelines established in the National Strategic Plan for Science, Technology and Innovation (PENCYT) 2015-2019.

All SENACYT activities, projects and programs aim to strengthen, support, induce and promote the development of science, technology and innovation with the purpose of raising the level of productivity, competitiveness and modernization in the private sector, the government, the academic-research sector, and the population in general.