The Virtual Fertilizer Research Center (VFRC) is a new research initiative to foster the creation of the next generation of fertilizers and production technologies. US$2.5 million is available over the next 24 months to support development proposals, of which US$750,000 will be obligated by April 30, 2012.

The VFRC has established the following four outcomes as the initial priorities for the development of these new fertilizers and fertilizer technologies:

Higher N NUE Fertilizers

 Development of new or modified nitrogen fertilizers which improve nutrient use efficiency (NUE) by 25-50%over that generally achieved in smallholder farms with current fertilizers (estimated at 25-30%)

Improved Micronutrient Delivery

 Development of a new commercially scalable production processes to integrate micronutrients and secondary nutrients with commercially available primary fertilizers either within or as an extension to current fertilizer production processes. 

On-site Fertilizer Purity Detection

Develop convenient, affordable detection kits or methods that can be used by smallholder farmers on-site to verify the nutrient content and chemical quality of purchased fertilizers. 

Increased Self-Reliance in Fertilizer Supply

Develop new commercially viable sourcing or processing methods that enhance nutrient self-reliance and address the inefficiencies and unfavorable economics of prevalent fertilizer manufacturing processes in developing regions, and improve access of nutrients to smallholder farmers.

You can read more about the process here. Official press release here.