News story

UK-Chile project partnerships: apply for business funding

UK businesses are invited to partner with Chilean ones on projects that meet challenges in agri-foods, resource efficiency and solar energy.

Santiago, Chile
UK businesses are being encouraged to partner with Chilean ones to meet challenges to the growth and development of the South American country.

The Newton-Picarte Fund is to fund joint UK-Chilean experimental development projects in the fields of agri-foods, resource efficiency for sustainable extraction of raw materials and solar energy.

UK and Chilean businesses are being invited to join forces to seek a share of up to £2 million for projects that meet particular challenges faced by Chile as it grows and develops.

Projects must demonstrate a positive impact on economic development and social welfare in Chile.

The UK investment has been made possible by the UK Department for Business, Innovation and Skills-managed Newton Fund, which aims to build research collaborations between UK business and those in lower and middle-income partner countries.

Competition information

  • the competition is now open and the deadline is 8 January 2016
  • only UK-based SMEs are eligible to apply for UK funding
  • a project must include a minimum of one UK and one Chilean partner
  • total project costs for UK-based partners are expected to be up to £230,000
  • UK small or micro businesses could attract up to 45% of their costs as grant and medium-sized businesses 35%
  • projects are expected to last between 3 and 6 months
  • one application should be made for all partners through the EUREKA website
Published 23 October 2015