Research England announces £10 million funding boost

Three leading UK medical research institutions will share £10 million in additional funding from Research England, it has been announced.

This financial support has been awarded to help alleviate funding losses due to the impact of COVID-19.

The London School of Hygiene and Tropical Medicine, Liverpool School of Tropical Medicine and The Institute of Cancer Research, London, have each been allocated a share of the funds.

To be eligible for support from Research England’s Specialist Institutions Fund, recipients needed to be considered ‘specialist’ and receive over 10% of their total incomes from charity funding.

It’s believed the three institutions, which focus on research into areas such as cancer and serious tropical diseases, faced a shortfall due to the pandemic.

It’s hoped the £10 million, reallocated from the £80 million Specialist Institutions Fund, will relieve some of the loss in charity income.

David Sweeney, Executive Chair of Research England, told UK Research and Innovation (UKRI): “These institutions undertake vital research into diseases of global importance, including cancer, COVID-19 and tropical diseases that must continue to be supported to save lives around the world.

“Given the importance of these institutions in tackling research agendas, we have reallocated this funding to ensure these operations are not unduly jeopardised by a reduction in charity funding.”

Research England is part of the UKRI, which ‘directs research and innovation funding’ from the science budget of the Department for Business, Energy and Industrial Strategy.

Visit UKRI for further information on the funding programme.