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2023 to 2024 grant data tables

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University of Reading

Table list

Table A: 2023 to 2024 Summary of allocations

Quality-related research (QR) funds

Mainstream QR funds (£)
13,466,111
London weighting on mainstream QR (£)
0
Mainstream QR funds including London weighting (£)
13,466,111
QR charity support fund (£)
397,359
QR business research element (£)
1,283,618
QR RDP supervision funds (£)
3,045,227
QR funding for National Research Libraries (£)
0
Total QR funding (£)
18,192,315

Higher Education Innovation Funding (HEIF)

Main allocation (£)
3,055,362
Top-up allocation (£)
0
Total HEIF (£)
3,055,362
Total QR and HEIF grant (£)
21,247,677
Museums, Galleries and Collections Fund (£)
328,028
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Table B: 2023 to 2024 Mainstream QR funds and London weighting

This data is available in the CSV grant data tables download

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Table C: 2023 to 2024 QR charity support fund and QR business research element

QR charity support fund

AFR19 Research income from charities (£)
2,765,000
AFR20 Research income from charities (£)
2,554,000
AFR21 Research income from charities (£)
2,702,000
AFR22 Research income from charities (£)
264,000
Average annual income (£)
2,071,250
London-weighted research income (£)*
2,071,250
QR charity support fund (£)**
397,359
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 (£)
6,382,000
AFR20 Research income from businesses (£)
6,889,000
AFR21 Research income from businesses (£)
6,484,000
AFR22 Research income from businesses (£)
5,688,000
Average annual income (£)
6,360,750
QR business research element (£)*
1,283,618
Rate
0.201803

Notes:

  • * QR business research element (£) = average annual income (£) x rate
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Table D: 2023 to 2024 QR RDP supervision funds

This data is available in the CSV grant data tables download

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Table E: 2023 to 2024 HEIF allocations

HEIF qualifying income
Data source 2019 to 2020 income (£) 2020 to 2021 income (£) 2021 to 2022 income (£)
HE-BCI survey Income from contract research 8,206,000 7,989,000 6,588,000
Income from consultancy 139,000 192,000 179,000
Income from equipment and facilities 6,578,000 5,354,000 5,739,000
Income from regeneration 0 0 0
Income from intellectual property 35,000 57,000 38,000
Income from SMEs in the above categories* 4,732,000 3,949,000 4,307,000
Innovate UK KTP income** 268,000 276,000 316,000
OfS annual financial return Income from NCB provision 1,837,000 1,754,000 2,326,000
Total per year 21,795,000 19,571,000 19,493,000

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 to 2020 income x 2) + (2020 to 2021 income x 3) + (2021 to 2022 income x 5)
199,768,000

HEIF allocation

Main allocation (£)
3,055,362
Top-up allocation (£)
0
Total allocation (£)
3,055,362
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Table F: 2023 to 2024 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

New Entrant Cap*

Maximum allocation (£)
character(0)

Yearly moderation factor

Maximum increase
10%
Maximum decrease
-10%

Top-up allocation

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

Notes:

  • * A new entrant is defined as a provider, newly eligible or otherwise, that did not receive HEIF in the previous year, whether or not they received HEIF prior to that time
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