2023 to 2024 grant data tables

University of Exeter

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 (£)
26,542,371
London weighting on mainstream QR (£)
0
Mainstream QR funds including London weighting (£)
26,542,371
QR charity support fund (£)
2,238,256
QR business research element (£)
1,068,950
QR RDP supervision funds (£)
6,669,473
QR funding for National Research Libraries (£)
0
Total QR funding (£)
36,519,050

Higher Education Innovation Funding (HEIF)

Main allocation (£)
4,670,000
Top-up allocation (£)
637,113
Total HEIF (£)
5,307,113
Total QR and HEIF grant (£)
41,826,163
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 (£)
9,407,000
AFR20 Research income from charities (£)
11,386,000
AFR21 Research income from charities (£)
11,450,000
AFR22 Research income from charities (£)
14,425,000
Average annual income (£)
11,667,000
London-weighted research income (£)*
11,667,000
QR charity support fund (£)**
2,238,256
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 (£)
4,533,000
AFR20 Research income from businesses (£)
4,723,000
AFR21 Research income from businesses (£)
4,433,000
AFR22 Research income from businesses (£)
7,499,000
Average annual income (£)
5,297,000
QR business research element (£)*
1,068,950
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 22,831,000 25,078,000 29,916,000
Income from consultancy 2,752,000 2,847,000 3,430,000
Income from equipment and facilities 310,000 296,000 941,000
Income from regeneration 9,212,000 8,808,000 9,885,000
Income from intellectual property 72,000 258,000 224,000
Income from SMEs in the above categories* 1,245,000 1,279,000 2,492,000
Innovate UK KTP income** 181,000 572,000 722,000
OfS annual financial return Income from NCB provision 3,068,000 2,950,000 3,173,000
Total per year 39,671,000 42,088,000 50,783,000

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)
459,521,000

HEIF allocation

Main allocation (£)
4,670,000
Top-up allocation (£)
637,113
Total allocation (£)
5,307,113

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