The Newton Fund is an initiative intended to strengthen research and innovation partnerships between the UK and emerging knowledge economies. The initiative was launched in 2014 and originally consisted of £75 million each year for 5 years. In the 2015 UK Spending Review it was agreed to extend and expand the Fund. The Newton Fund was extended from 2019 to 2021 and expanded by doubling the £75 million investment to £150 million by 2021, leading to a £735 million UK investment to 2021, with partner countries providing matched resources within the Fund.
The Fund forms part of the UK’s Official Development Assistance (ODA) commitment which is monitored by the Organisation for Economic Cooperation and Development (OECD). ODA funded activity focuses on outcomes that promote the long term sustainable growth of countries on the OECD Development Assistance Committee list. There are 15 partner countries in the Newton Fund which represent a sub-set of this list.
RCUK is one of the UK delivery partners for the Newton Fund and will be working strategically with partner countries to develop a series of research activities that address challenges defined by the overarching ambitions of the Fund. Commitment to the partnership will be further demonstrated by matched resource from partner countries, bringing substantial additional value.
AHRC will be running a number of calls and initiatives throughout the duration of the five year fund, working with partner countries and supporting official development assistance. Additionally, there will be opportunities for arts and humanities researchers within cross council initiatives led by RCUK.
Newton Fund website – www.newtonfund.ac.uk
RCUK Newton Fund – www.rcuk.ac.uk/international/newton