UCL

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 (£): 83,175,593
London weighting on mainstream QR (£): 9,981,073
Mainstream QR funds including London weighting (£): 93,156,666
QR charity support fund (£): 31,972,120
QR business research element (£): 7,385,183
QR RDP supervision funds (£): 27,727,399
QR funding for National Research Libraries (£): 0
Total QR funding (£): 160,241,368

Higher Education Innovation Funding (HEIF)

Main allocation (£): 4,670,000
Top-up allocation (£): 1,000,000
Total HEIF (£): 5,670,000

Total QR and HEIF grant (£): 165,911,368

Museums, Galleries and Collections Fund (£): 340,056

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 (£): 144,640,000
AFR20 Research income from charities (£): 142,116,000
AFR21 Research income from charities (£): 146,623,000
AFR22 Research income from charities (£): 161,821,000
Average annual income (£): 148,800,000
London-weighted research income (£)*: 166,656,000
QR charity support fund (£)**: 31,972,120

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 (£): 38,042,000
AFR20 Research income from businesses (£): 36,429,000
AFR21 Research income from businesses (£): 35,989,000
AFR22 Research income from businesses (£): 35,924,000
Average annual income (£): 36,596,000
QR business research element (£)*: 7,385,183

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	62,857,000	61,947,000	69,157,000
	Income from consultancy	15,738,000	19,616,000	34,116,000
	Income from equipment and facilities	836,000	1,087,000	1,576,000
	Income from regeneration	16,574,000	175,000	609,000
	Income from intellectual property	18,057,000	7,312,000	5,253,000
	Income from SMEs in the above categories^*	7,115,000	10,416,000	9,290,000
Innovate UK	KTP income^**	374,000	451,000	380,000
OfS annual financial return	Income from NCB provision	27,240,000	27,644,000	25,700,000
Total per year		148,791,000	128,648,000	146,081,000

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): 1,413,931,000

HEIF allocation

Main allocation (£): 4,670,000
Top-up allocation (£): 1,000,000
Total allocation (£): 5,670,000

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