We welcome the announcement by David Willetts on 30 September that £400 million will be invested in higher education science and engineering teaching facilities, including £200 million by HEFCE in 2015-16. This funding is essential for universities and colleges to meet the needs of UK industry and to keep pace internationally. We also look forward to details of the capital funding the Government intends to make available for other areas of teaching and research in 2015-16. We will provide guidance to institutions on our approach to all of these allocations once this is clear.
The £200 million of HEFCE capital funding must be matched at least one-to-one from higher education institutions’ own or other sources. In order to address the low proportion of women studying in some areas of science and engineering, HEIs will be expected to demonstrate a commitment to equality and diversity to access this funding.
Source: HEFCE website