The document discusses funding support for collaborative research and development projects between India and Spain, focusing on areas like smart cities, clean technologies, and information and communication technologies. Eligible applicants include companies and researchers from India and Spain. Projects involving joint technology development leading to prototypes and commercialization are preferred. Selection will prioritize innovative projects with commercial potential and balanced contributions from both countries. The funding agencies - DST in India and CDTI in Spain - provide grants and loans to support the costs of the projects.