Funding

The Initiative has financial support under the Newton Fund. This is a Ministerial-led, high profile programme managed by the UK’s Department for Business, Innovation and Skills which aims to strengthen research and innovation partnerships between the UK and 15 emerging (knowledge) economies. The partnership countries are Brazil, Chile, China, Colombia, Egypt, India, Indonesia, Kazakhstan, Mexico, Philippines, South Africa, Thailand, Turkey and Vietnam. £375 million will be spent by the UK through the Fund over a 5-year period (2014–2019), with matched funding/effort being provided by the partner countries. The Fund forms part of the UK’s Official Development Assistance (ODA), i.e. the UK’s support to developing and emerging economies for their socio-economic development (www.newtonfund.ac.uk).