Aston University

Research England's commitment to accessibility means that we've produced this year's grant data tables in HTML format. The formula-driven funding allocations have not changed, just the way the data is presented.

Table list

Table A: Summary of allocations
Table B: Mainstream QR funds and London weighting
Table C: QR charity support fund and QR business research element
Table D: QR RDP supervision funds
Table E: HEIF allocations
Table F: HEIF formula parameters

Table A: 2023-24 Summary of allocations

Quality-related research (QR) funds

Mainstream QR funds (£): 6,767,826
London weighting on mainstream QR (£): 0
Mainstream QR funds including London weighting (£): 6,767,826
QR charity support fund (£): 204,986
QR business research element (£): 359,108
QR RDP supervision funds (£): 1,131,422
QR funding for National Research Libraries (£): 0
Total QR funding (£): 8,463,342

Higher Education Innovation Funding (HEIF)

Main allocation (£): 2,218,220
Top-up allocation (£): 0
Total HEIF (£): 2,218,220

Total QR and HEIF grant (£): 10,681,562

Museums, Galleries and Collections Fund (£): 0

Table B: 2023-24 Mainstream QR funds and London weighting

This data is available in the CSV grant data tables download

Table C: 2023-24 QR charity support fund and QR business research element

QR charity support fund

AFR19 Research income from charities (£): 1,264,000
AFR20 Research income from charities (£): 1,178,000
AFR21 Research income from charities (£): 1,026,000
AFR22 Research income from charities (£): 806,000
Average annual income (£): 1,068,500
London-weighted research income (£)*: 1,068,500
QR charity support fund (£)**: 204,986

London weighting (£): 1
Rate: 0.191845

Notes:

* London-weighted research income (£) = average annual income (£) x London weighting
** QR charity support fund (£) = London-weighted research income (£) x rate

QR business research element

AFR19 Research income from businesses (£): 1,463,000
AFR20 Research income from businesses (£): 1,700,000
AFR21 Research income from businesses (£): 1,972,000
AFR22 Research income from businesses (£): 1,983,000
Average annual income (£): 1,779,500
QR business research element (£)*: 359,108

Rate: 0.201803

Notes:

* QR business research element (£) = average annual income (£) x rate

Table D: 2023-24 QR RDP supervision funds

This data is available in the CSV grant data tables download

Table E: 2023-24 HEIF allocations

HEIF qualifying income
Data source		2019-20 income (£)	2020-21 income (£)	2021-22 income (£)
HE-BCI survey	Income from contract research	2,226,000	3,861,000	2,706,000
	Income from consultancy	2,788,000	3,835,000	2,757,000
	Income from equipment and facilities	482,000	628,000	905,000
	Income from regeneration	2,728,000	1,573,000	2,356,000
	Income from intellectual property	52,000	107,000	94,000
	Income from SMEs in the above categories^*	3,639,000	5,228,000	3,695,000
Innovate UK	KTP income^**	498,000	713,000	993,000
OfS annual financial return	Income from NCB provision	667,000	663,000	767,000
Total per year		13,080,000	16,608,000	14,273,000

Notes:

* Income from SMEs is included in the income stream total and again in the total income from SMEs to provide the overall double-weighting for SME income
** This is the KTP income provided by Innovate UK

Total weighted qualifying income (£), using 2:3:5 ratio = (2019-20 income x 2) + (2020-21 income x 3) + (2021-22 income x 5): 147,349,000

HEIF allocation

Main allocation (£): 2,218,220
Top-up allocation (£): 0
Total allocation (£): 2,218,220

Table F: 2023-24 HEIF formula parameters

Total HEIF budget

Main allocation (£): 240,000,000
Top-up allocation (£): 20,000,000
Total HEIF budget (£): 260,000,000

HEIF formula parameters

Main allocation

Minimum allocation threshold (£): 250,000
Maximum allocation (£): 4,670,000

Yearly moderation factor

Maximum increase: 10%
Maximum decrease: -10%

Top-up allocation

Minimum allocation (£): 200,000
Maximum allocation (£): 1,000,000