HEFCE closed at the end of March 2018. The information on this website is historical and is no longer maintained.
The HEFCE domain - www.hefce.ac.uk - will continue to function until September 2018. At this point we will close the site entirely and all its information will only be available from the National Web Archive.
The review highlights a significant improvement in the level and quality of business-university collaboration during the last decade, including how the Government's long-term commitment to Higher Education Innovation Funding (HEIF) through HEFCE has helped to embed knowledge exchange with business as a core mission for higher education (HE) in England.
As the review acknowledges, universities and business now face new challenges due to the wider economic climate and the Government's reforms to HE funding. HEFCE's funding and information will play a key role in supporting universities and their graduates to drive economic growth. Sir Tim Wilson's wide-ranging recommendations will help to shape HEFCE's work in this area during the coming years.