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2025 to 2026 grant data tables

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The Royal Veterinary College

Table list

Table A: 2025 to 2026 Summary of allocations

Quality-related research (QR) funds

Mainstream QR funds (£)
3,797,988
London weighting on mainstream QR (£)
455,758
Mainstream QR funds including London weighting (£)
4,253,746
QR charity support fund (£)
435,033
QR business research element (£)
477,677
QR RDP supervision funds (£)
702,826
QR funding for National Research Libraries (£)
0
Total QR funding (£)
5,869,282

Higher Education Innovation Funding (HEIF)

Main allocation (£)
3,498,705
Top-up allocation (£)
0
Total HEIF (£)
3,498,705
Total QR and HEIF grant (£)
9,367,987
Museums, Galleries and Collections Fund (£)
0
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Table B: 2025 to 2026 Mainstream QR funds and London weighting

This data is available in the CSV grant data tables download

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Table C: 2025 to 2026 QR charity support fund and QR business research element

QR charity support fund

AFR21 Research income from charities (£)
2,661,000
AFR22 Research income from charities (£)
1,689,000
AFR23 Research income from charities (£)
1,886,000
AFR24 Research income from charities (£)
2,255,000
Average annual income (£)
2,122,750
London-weighted research income (£)*
2,377,480
QR charity support fund (£)**
435,033
London weighting (£)
1.12
Rate
0.182981

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

AFR21 Research income from businesses (£)
2,779,000
AFR22 Research income from businesses (£)
2,244,000
AFR23 Research income from businesses (£)
2,680,000
AFR24 Research income from businesses (£)
2,528,000
Average annual income (£)
2,557,750
QR business research element (£)*
477,677
Rate
0.186757

Notes:

  • * QR business research element (£) = average annual income (£) x rate
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Table D: 2025 to 2026 QR RDP supervision funds

This data is available in the CSV grant data tables download

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Table E: 2025 to 2026 HEIF allocations

HEIF qualifying income
Data source 2021 to 2022 income (£) 2022 to 2023 income (£) 2023 to 2024 income (£)
HE-BCI survey Income from contract research 3,359,000 3,533,000 4,036,000
Income from consultancy 10,928,000 12,601,000 13,246,000
Income from equipment and facilities 2,813,000 2,961,000 2,790,000
Income from regeneration 0 0 0
Income from intellectual property 4,000 30,000 66,000
Income from SMEs in the above categories* 9,143,000 10,018,000 9,974,000
Innovate UK KTP income** 0 0 0
OfS annual financial return Income from NCB provision 1,099,000 1,018,000 1,229,000
Total per year 27,346,000 30,161,000 31,341,000

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 = (2021 to 2022 income x 2) + (2022 to 2023 income x 3) + (2023 to 2024 income x 5)
301,880,000

HEIF allocation

Main allocation (£)
3,498,705
Top-up allocation (£)
0
Total allocation (£)
3,498,705
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Table F: 2025 to 2026 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 (£)
500,000

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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