Business Fellowships

Invitation to apply for special funding

To:	Heads of HEFCE-funded higher education institutions
Of interest to those responsible for:	Links with business and the community
Reference:	01/25
Publication date:	April 2001
Enquiries to:	Adrian Hill, tel 0117 931 7351, e-mail a.hill@hefce.ac.uk Adrian Day, tel 0117 931 7428, e-mail a.day@hefce.ac.uk

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Executive summary

Purpose

1. Following on from the Higher Education Reach-out to Business and the Community Fund (HEROBC), and as announced in the Government's Science and Innovation White Paper last July ('Excellence and Innovation'), this document invites applications under the Business Fellowships initiative. The initiative will highlight the key role played by individuals in promoting knowledge transfer and closer working with business.

Key points

2. We will award up to 20 Business Fellowships in response to nominations from higher education institutions (HEIs) in England. We now invite nominations from HEIs: funding of up to £100,000 (£25,000 per annum) will be available for each Business Fellowship over four years.

3. All HEIs in England were consulted regarding the proposed Business Fellowships initiative (HEFCE 01/06), and the results of the consultation are summarised in Annex A.

Action required

4. Applications for funding under the programme should reach Adrian Day by 25 June 2001.