All English universities and higher education colleges have been assessed in terms of their strategies to engage and support businesses and the wider community, in order for them to qualify for the Higher Education Innovation Fund round four.
Our aim was to support greater collaboration between universities and the outside world in a way that brought economic and social benefits to the country
John Denham
Secretary of State for Innovation, Universities and Skills
Institutions which are approved will receive a share of the £396 million which has been earmarked for 2008-11 by HEFCE and the Department for Innovation, Universities and Skills.
The funds will be used to support a variety of programmes, including knowledge transfer activity and work with small to medium-sized enterprises.
Universities and businesses
Read our brochure about grants for business undertaking R&D in the UK
John Denham, Secretary of State for Innovation, Universities and Skills, commented: "Our aim was to support greater collaboration between universities and the outside world in a way that brought economic and social benefits to the country.
Earlier this year, HEFCE unveiled the £30 million Revolving Green Fund, which will provide grants to institutions that are attempting to adopt a carbon-neutral approach.
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