LSE's knowledge transfer expertise and research excellence has been recognised with a £1.2 million allocation from the Higher Education Innovation Fund (HEIF).
The HEIF money is given to support knowledge transfer from universities to business and the wider community, as part of the drive to boost the UK's innovation performance and productivity. A total of 124 awards - worth more than £185 million over the next two years (academic years 2004-06) - have been made under the second round of funding for the HEIF2.
The LSE bid was pulled together by the Research and Projects Development Division (RPDD) and the Corporate Relations Unit, and focused on two main initiatives:
LSE Environment's plans to increase the use of sustainable construction techniques in London's planning and construction sectors. Led by Professor Yvonne Rydin, this project involves an analysis of current sustainable construction techniques, their implications for the calculation of London's ecological footprint and the dissemination of this information to London's planning and regulatory communities.
Tony Travers, director of the LSE's Greater London Group and member of the LSE London research centre, is leading a project to assess and promote regeneration and development in London
Director Howard Davies said: 'This is a tremendous achievement. A HEIF award of this amount testifies to the high standing in which the School is held and the reputation of the quality of our research. As we said in our written evidence to the Lambert report on furthering connections between universities, business and the community, LSE was founded on the very notion of the application of knowledge to political and economic endeavour. This money will continue our efforts to make research-led intelligence available to industry.'
Rocky McKnight, Corporate Relations Unit, LSE, on 020 7852 3629
Helen Cherns, Corporate Communications, HEFCE, on 0117 931 7431
A major feature of HEIF2 is collaboration between higher education institutions (HEIs): of the 124 awards, 46 are for collaborative partnerships involving more than 100 HEIs.
Applications for funding made by HEIs were assessed in May this year by a senior Advisory Board chaired by the Director General of Research Councils Sir Keith O'Nions, and supported by the Chief Executive of the Higher Education Funding Council for England (HEFCE) Sir Howard Newby. Higher education institutions (HEIs) were invited to put forward proposals through a competitive bidding process. 183 applications for funding were received, totalling more than £307 million, which involved 133 HEIs.
The HEIF2 awards are sponsored by the DTI, DfES and HEFCE. The government has consolidated HEIF as a permanent third stream of funding for universities in England, alongside the funding they receive for (1) teaching and (2) research, to promote knowledge transfer. Scotland, Wales and Northern Ireland have their own separate arrangements for supporting knowledge transfer. A complete list of awards is available on the HEFCE web site www.hefce.ac.uk under "Business and the community'
15 June 2004