The fund commits up to £45 million in annual funding. This money aims to drive innovation in the HE sector, enhance excellence and efficiency in HE, and support innovative solutions at a time of changes to funding and regulation.
Funded projects will normally be collaborative, bringing together support from other partners including business, universities and colleges, and other public agencies.
There is no deadline for submitting proposals. We consider proposals at any time, and have an ongoing application and approval process.
The fund has two goals, both focused on delivering the public and collective student interests in HE:
All higher education institutions (HEIs) can apply directly to the fund.
Further education colleges (FECs) can apply to support projects focussed specifically on activities related to the provision of prescribed courses of HE.
Under current legislation we are unable to fund alternative providers of HE. So these providers are not eligible to apply.
To submit a proposal, institutions should contact their HEFCE institutional team in the first instance.
The fund has two strands that correspond to its aims: 'supporting objectives' or 'managing transition'. Appllications should be made through one of these strands.
When ready, institutions should submit formal proposals via their institutional team, following the guidance and information provided in the bid pack.
Page last updated 26 February 2014