News story

2015/16 Prosperity Fund (2nd round)

This news article was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

The British Embassy Seoul has this week opened the 2nd round of bidding for its 2015 Prosperity Fund.

The British Embassy Seoul has this week opened the 2nd round of bidding for its 2015 Prosperity Fund.

Established in 2011/2012, the programme exists to support projects which enable the UK to meet its foreign policy priority of creating the conditions for global growth, covering four pillars of openness, reputation, sustainability and opportunity.

In 2014, recipients included government and other official bodies, Non-governmental organisations (NGOs), Universities and Research Institution. Organisations and individuals are encouraged to contact the British Embassy Seoul as soon as possible to discuss possible project ideas.

Launching this second bidding round, Frances Wood, the British Embassy’s Economic Counsellor, said:

I’m very pleased to that we’ve been able to select a strong set of projects from the first round, The Programme Board took the decision to open a small second round to widen the subjects covered by projects. We would strongly encourage bids covering IT and low carbon, but will consider all good ideas.

Full information on the fund, including the sectors covered and a timeline is available here: