Newton Fund is extended to 2021
The Newton Fund is part of the UK’s official development assistance. Its primary aim is to foster science and innovation partnerships that promote the economic development and welfare of developing countries. Working with 15 partner countries, the fund provides resources to increase scientific capacity to support poverty alleviation.
The Newton Fund was announced in the 2013 Autumn Statement and was launched in April 2014. It began as a £75 million investment for five years. In the Spending Review of 2015 it was announced that the Newton Fund would be extended from 2019 to 2021 and expanded to £150 million per annum by 2021.
The expansion of the Newton Fund was announced by Universities and Science Minister Jo Johnson in a speech at the Royal Institution, London, on Wednesday 27 January 2016.