If your content grabbing script is taking longer than a minute to run then I am afraid it may also need a rethink & recoding. Either going after less data each time it runs or processing the retrieved data more efficiently after it arrives at the 000 server (or better still, before it arrives

). It all really depends upon how much data you are trying to move about and how much of that is what you actually want.
Remember the most a
single CRON job can be run here is every fifteen minutes.
Note: admin here will not be happy if you try running multiple identical cron jobs all calling the same script at 15min intervals. Using an external Cron Service provider will also get you on the naughty list.
set_time_limit() is a feature normally reserved for paid hosting and even then it should only be used as a last resort, here at 000 it has been globally set to help prevent abuse of the server resources.
ini_set('max_execution_time' and ignore_user_abort() and exec() are also not available on a free hosting account and you would probably need either a VPS or dedicated server to play around with them.