£11.6 million for university research and innovation

Monday June 25th, 2018

Scottish universities are getting a funding boost to help them compete for research projects together with industry partners.scottishgovernment_logo

The Scottish Government is increasing its grant funding for university research and innovation by £11.6 million in 2018/19, bringing the total to £296.2 million.

The extra financial support is intended to strengthen the competitiveness of Scottish universities and their industry partners when bidding for UK-wide funding pots.

Higher Education Minister Shirley-Anne Somerville said:

“Our world-leading university research sector is one of this country’s great strengths and that is why are supporting it this year with close to £300 million of investment.

Encouraging and strengthening partnerships with industry is vital – it means that, where research leads to real innovation, the Scottish economy benefits too.

This extra grant will increase the competitiveness of research teams from Scottish universities when they are bidding for UK-wide funding together with industry partners. It is important we secure as much of this investment in Scotland as possible, especially given the uncertainty our research and innovation sector is facing as a result of the Brexit vote.”

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