Executive summary
Purpose
1. This document describes the process used to assess institutional strategies submitted by higher education institutions (HEIs) as the basis to release funding allocated under the fourth round of the Higher Education Innovation Fund (HEIF 4) over the three academic years 2008-09 to 2010 11, and confirms final allocations.
Key points
2. HEIF 4 is a joint initiative from HEFCE and the Department for Innovation, Universities and Skills. It provides funding to HEIs in England to support a broad range of knowledge transfer activities resulting in economic and social benefit to the UK.
3. Under HEIF 4, a formula allocation was available to all HEFCE-funded HEIs. HEIs were asked to submit an institutional strategy as the basis for the release of their formula allocation. Following assessment of strategies, HEFCE has released HEIF 4 allocations to all HEIs.
4. HEIs were notified of their formula allocation in Circular letter 04/2008. The invitation and guidance for the submission of institutional strategies was issued in HEFCE 2008/02.
Action required
5. No action is required in response to this document.
