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FINCyT Science and Technology Program Helps Peru Reach Innovation Goals

Science and technology form the core of any country’s bid for global economic competitiveness. In order to remain on the cutting edge of technological growth, universities and research centers must expand their search for knowledge beyond the borders of their institutions and countries.

The Government of Peru recognized this when it signed a loan agreement with the Inter-American Development Bank in 2006 to launch the Science and Technology Program, which aims to improve competitiveness in the country by strengthening the capacity for research and technological innovation. The program adopted the name FINCyT (Financiamiento para la Innovación, la Ciencia y la Tecnología) and provides support to research programs, institutes, universities, and businesses conducting pioneering work in the fields of science and technology. The program is financed by $25 million from the IDB loan, as well as $11 million from the Peruvian Treasury.

In July 2008 FINCyT asked LASPAU to administer a component of the initiative, the FINCyT Scholarships for Doctoral Programs Abroad, which is enabling scientists, academics, and other professionals to carry out Ph.D. studies and research outside Peru for up to 36 months. LASPAU managed the application, evaluation, and selection process for the scholarship program, including organizing and participating in the applicant interviews in Lima. The participants are now being placed by LASPAU at institutions in Europe, the United States, Latin America, and Japan, where they will undertake coursework and research in areas as diverse as nanotechnology, ecosystem restoration, urban planning, and robotics.

At the conclusion of their programs, participants will be required to return to their home institutions and organizations in Peru for a period equal to twice the duration of their scholarship programs. This will allow them to work toward the capacity-building goals of FINCyT and the broader development goals of the Peruvian government.

For more information, contact Craig Hastings at craig_hastings@harvard.edu or 617-495-0432.

 

Last revised: June 1, 2009
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