What has been announced?
On 27th June 2020 the UK Government announced two support packages aimed at protecting thousands of UK research jobs and “ground-breaking” research projects from the impacts of the coronavirus pandemic.
The first package comprises long-term, low-interest loans, supplemented by small government grants, to cover up to 80% of the income losses that universities will experience due to the decline in international students. The funding scheme will be made available to research and high-priority projects, such as medical research, and will bolster universities that are taking their own steps towards making efficiencies to protect their research bases.
The other support package will see the government make about £200m immediately available to support researchers’ salaries and other costs, such as for laboratory equipment and fieldwork. The total includes a £180m grant extension from UK Research and Innovation (UKRI), and further funding from National Academies. UKRI’s grant extension package will be used to sustain UKRI-funded research and fellowships affected by the pandemic. UKRI will also allow flexibility to redistribute likely grant underspends resulting from the disruption, which they estimate will be worth an additional £80m to the sector.
When will the funding be available?
The first package will be available to research-active universities impacted by the pandemic from Q4 this year.
The detail of the funding to support UKRI grant extensions, including the terms and conditions that apply, have not yet been announced by the government.
How can I secure funding from these government schemes for my research?
Once we receive full details of the funding that will be made available to us by the Government and the conditions that will apply to our use of the funds we will provide information on the mechanism by which UKRI-funded PIs will be able to apply internally for support from the grant extension scheme.
Who can I contact for more information?
Please email David Law, Head of Research Operations (RSS), at email@example.com