St. George's, University of London

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 (£): 2,378,739
London weighting on mainstream QR (£): 285,447
Mainstream QR funds including London weighting (£): 2,664,186
QR charity support fund (£): 454,120
QR business research element (£): 267,389
QR RDP supervision funds (£): 488,026
QR funding for National Research Libraries (£): 0
Total QR funding (£): 3,873,721

Higher Education Innovation Funding (HEIF)

Main allocation (£): 854,175
Top-up allocation (£): 0
Total HEIF (£): 854,175

Total QR and HEIF grant (£): 4,727,896

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 (£): 2,693,000
AFR20 Research income from charities (£): 1,900,000
AFR21 Research income from charities (£): 1,661,000
AFR22 Research income from charities (£): 2,200,000
Average annual income (£): 2,113,500
London-weighted research income (£)*: 2,367,120
QR charity support fund (£)**: 454,120

London weighting (£): 1.12
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 (£): 1,500,000
AFR20 Research income from businesses (£): 1,282,000
AFR21 Research income from businesses (£): 856,000
AFR22 Research income from businesses (£): 1,662,000
Average annual income (£): 1,325,000
QR business research element (£)*: 267,389

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	1,799,000	1,748,000	3,658,000
	Income from consultancy	384,000	454,000	568,000
	Income from equipment and facilities	537,000	1,011,000	1,160,000
	Income from regeneration	0	0	0
	Income from intellectual property	148,000	292,000	108,000
	Income from SMEs in the above categories^*	628,000	486,000	809,000
Innovate UK	KTP income^**	0	0	0
OfS annual financial return	Income from NCB provision	139,000	948,000	644,000
Total per year		3,635,000	4,939,000	6,947,000

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): 56,822,000

HEIF allocation

Main allocation (£): 854,175
Top-up allocation (£): 0
Total allocation (£): 854,175

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