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The technology gap innovation fund was started in an effort to help countries develop and grow technology research programs. The fund is intended to further technology innovations in commercial sectors.
To get access to this fund, a country must meet three requirements. First, they must provide a disclosure and assignment of technology. Second, they must write a two page proposal with a detailed description of their technology needs. Finally the proposal must be submitted by a specified deadline.Once the proposal is submitted, the requesting country will have to wait for an eligibility determination. One point to note is that not all proposals are guaranteed funding. Each submission must be reviewed by a committee. After it's approved, it still takes time to be processed and for the funds to be released.
Read the article here: Technology Gap Innovation Fund
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