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Researchers at UCL’s Institute for Immunity and Transplantation will investigate the power of regulatory T cells (blue) to help prevent disease and improve the success of transplants.
The projects, announced today by the Chancellor, will focus on physical sciences, medical research, advanced materials, pharmaceutical manufacturing and advanced manufacturing. They will tackle global challenges like developing new treatments for cancer, or ensuring advanced materials can cope under harsh conditions, including extracting oil and gas reservoirs.
This is the latest round of projects from the £300 million UK Research Partnership Investment Fund (UKRPIF), bringing the total number of winners to 20. Successful universities have secured at least double that amount of investment from businesses or charities, together delivering more than £1 billion of new funding for research.
Minister for Universities and Science, David Willetts, said:
'The UK’s world-class universities are at the forefront of our economic recovery. It’s vital we do everything we can to encourage collaboration with the private sector and boost funding for research. These excellent projects will not only deliver new knowledge and applications for industry, but will accelerate growth and foster innovation between the research base and business, keeping the UK ahead in the global race.
'Our £300 million investment has secured over £855 million from business and charities - a total investment of £1.15 billion. This is an extraordinary result, far exceeding the required private to public funding ratio of two to one.'
Sir Alan Langlands, Chief Executive of HEFCE, said:
'These five projects highlight yet again the success that UK universities have in working with commercial partners and charities to raise funds and deliver vital initiatives to stimulate research in critical areas vital to the economy. In challenging times, the higher education sector consistently demonstrates its key role in delivering growth.'
The five projects, representing £72 million of public support and attracting £219 million of additional private investment, are:
UKRPIF is managed by the Higher Education Funding Council for England (HEFCE), in collaboration with the other UK higher education funding bodies, with proposals assessed by an independent assessment panel. It was first launched with £100 million of public finance in May 2012 and in response to the large number of high-quality bids, the Government tripled the public support to £300 million in autumn 2012.