What is Newton Fund?
The Newton Fund is part of the UK’s official development assistance. Its aim is to develop science and innovation partnerships that promote the economic development and welfare of developing countries.
Through the Newton Fund, the UK will use its strength in research and innovation to promote the economic development and social welfare of partner countries. By working together on bi-lateral and multi-lateral programmes with a research and innovation focus, the UK will build strong, sustainable, systemic relationships with Mexico. This will support the continued excellence of the UK research base and innovation ecosystem.
The Newton Fund is £375 millions (£75 million each year from 2014 for 5 years). Mexico is one of the partners in this program countries which will fund £ 12 million over 3 years.
The UK funding will lead to extra funding from:
- Partner countries
- Private foundations
- Multi-lateral organisations
- Corporate partners
The fund will cover 3 broad categories of activity:
- People: improving science and innovation expertise (known as ‘capacity building’), student and researcher fellowships, mobility schemes and joint centres
- Programmes: research collaborations on development topics
- Translation: innovation partnerships and challenge funds to develop innovative solutions on development topics
British Council Newton Fund Programmes
Researcher Links: bi-national workshops and travel grants for research visits, with a focus on early career researchers in Mexico and UK
Institutional Links: grants for establishing links between higher education and research institutions in UK and Mexico at a group, departamental or institutional level, promoting an entailment with trade and non governmental organizations for technology transfer projects.