2023 to 2024 grant data tables

Cranfield 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: 2023-24 Summary of allocations

Quality-related research (QR) funds

Mainstream QR funds (£)
7,053,996
London weighting on mainstream QR (£)
0
Mainstream QR funds including London weighting (£)
7,053,996
QR charity support fund (£)
212,516
QR business research element (£)
2,682,164
QR RDP supervision funds (£)
2,038,738
QR funding for National Research Libraries (£)
0
Total QR funding (£)
11,987,414

Higher Education Innovation Funding (HEIF)

Main allocation (£)
4,670,000
Top-up allocation (£)
441,275
Total HEIF (£)
5,111,275
Total QR and HEIF grant (£)
17,098,689
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 (£)
2,281,000
AFR20 Research income from charities (£)
1,011,000
AFR21 Research income from charities (£)
580,000
AFR22 Research income from charities (£)
559,000
Average annual income (£)
1,107,750
London-weighted research income (£)*
1,107,750
QR charity support fund (£)**
212,516
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 (£)
13,837,000
AFR20 Research income from businesses (£)
13,384,000
AFR21 Research income from businesses (£)
11,204,000
AFR22 Research income from businesses (£)
14,739,000
Average annual income (£)
13,291,000
QR business research element (£)*
2,682,164
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 10,426,000 11,204,000 10,915,000
Income from consultancy 3,563,000 3,895,000 3,567,000
Income from equipment and facilities 0 0 0
Income from regeneration 419,000 0 0
Income from intellectual property 605,000 437,000 706,000
Income from SMEs in the above categories* 2,039,000 2,646,000 1,994,000
Innovate UK KTP income** 426,000 535,000 504,000
OfS annual financial return Income from NCB provision 12,554,000 11,214,000 15,997,000
Total per year 30,032,000 29,931,000 33,683,000

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)
318,272,000

HEIF allocation

Main allocation (£)
4,670,000
Top-up allocation (£)
441,275
Total allocation (£)
5,111,275

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