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February 2003/06
Core funding/operations
Invitation to apply for funding

Applications should be submitted by Friday 30 May 2003

Science Research Investment Fund

Round two - invitation to apply for funding

This document sets out the funding allocations and review arrangements for the second round of the Science Research Investment Fund (SRIF). It invites institutions in England and Northern Ireland that have a SRIF allocation to submit applications explaining how they will use the funds.

To: Heads of HEFCE-funded higher education institutions
Heads of universities in Northern Ireland
Of interest to those responsible for: Research, Finance, Planning, Estates
Reference: 2003/06
Publication date: February 2003
Enquiries to: Margaret Birdsall, tel 0117 931 7037, e-mail m.birdsall@hefce.ac.uk

Executive summary (read on-line)

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Invitation
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Templates for applications and monitoring

Executive summary

Purpose

1.    This document sets out the arrangements for the second round of the Science Research Investment Fund (SRIF), and invites higher education institutions (HEIs) that have a SRIF allocation to submit programmes setting out how they will use the funds.

Key points

2.    SRIF funds will be available from April 2004 and must be spent by March 2006. Earlier funding will be considered for projects that start after 1 August 2003. The funds are allocated by formula, based partly on institutions' total research income and partly on the amount of quality-related research income that they receive from HEFCE. Indicative allocations for institutions are listed at Annex A.

3.    Using the formula, we have allocated £845.1 million to English HEIs for improving the quality of existing research infrastructure. The Department for Employment and Learning has allocated £19.4 million to HEIs in Northern Ireland.

4.    The review of programmes is designed not to be intrusive and the presumption will be that each institution should receive its full allocation. We will look to rely on the institution's own audit trails of expenditure.

Action required

5.    Applications for SRIF funds should be sent to Margaret Birdsall at HEFCE by Friday 30 May 2003. Project funding will be confirmed in mid-July 2003.