Spain is partnering with Brazil for innovation development

According to one of my previous posts, $41 billions spent in tech development and research, Brazil is jumping in front of the vanguard of the nanotechnology in South America, and Spain - clever - jumped to share good results. Biotechnology, Renewable Energy, Process Engineering, Nanotechnology and Health are the targeted subjects for this joint effort pro innovation.

Yes the Ministry of Science and Innovation (Micinn), from Spain, and CNPq (National Council for Scientific and Technological Development), from Brazil, are now in partnership where Spanish researchers that can now be funded with up to R$3 million (around US$1.8 mi) of the FNDCT, National Fund for Scientific and Technological Development of Brazil.

All projects must be presented with a responsible PhD with experience with international cooperation, which is good for improving Brazilian know-how on cooperative technological research and development with international financial advantage as the one of the main goals.