The RED fund funds a variety of projects and seeks to support institutional-level strategic developmental projects that will implement change that can be sustained into the longer term.
The RED fund seeks to fund proposals that include:
- HE institutional strategic developments in research and knowledge exchange, with a focus on innovative and novel approaches that can provide insights for the HE sector more generally
- activities that contribute to government and UKRI policy priorities
- appropriate collaborations, internally in the HE sector, and with external partners
- an appropriate balance of risk sharing across funders and beneficiaries
- projects that have robust evaluation plans and seek to disseminate key learning points to the wider sector
- clear additionality of the proposed project
- value for money demonstrated for the project
- suitably identified project risks with sufficient plans in place to manage them
- the active support of institutional leadership, as the RED Fund supports projects that are institutional strategic priorities
- credible plans for continuing the activity beyond the period of funding, or securing the long-term legacy of the investment.
Providers must be able to demonstrate evidence of expertise in relation to the focus of the project for which they are seeking funding. Projects related to research must build on existing excellence, while projects in KE must build on KE expertise.
Projects must be collaborative. The lead provider must determine an appropriate collaboration to deliver substantial public benefit.
Research England will contribute to project costs. Proposals must include contributions from other parties, in line with the nature of the proposed project (the RED Fund does not adopt a formulaic approach for contributions).
Current RED fund priorities
These priorities may be updated in future.
Collaborations in research
Proposals that develop strategic research collaboration between higher education institutions (HEIs). Areas to focus on might be:
- maximising the economic and social benefits from established research units
- improving outcomes for postgraduate students, including proposals that examine ways in which to secure postgraduate research opportunities, or work experience, for under-represented groups at that level
- working with external partners to support a diverse research workforce
- developing new facilities with external partners, for research and knowledge exchange.
Delivering the Industrial Strategy through knowledge exchange
Novel approaches from disciplines or types of KE that are currently under-utilised in Industrial Strategy developments to-date, but have potential to deliver to unexplored areas of business demand or to draw in a wider range of HEI expertise or KE capacity.
This may include projects to unlock potential of HEIs that do not have critical mass currently to gain a Higher Education Innovation Fund formula allocation, and enhancing impact through social innovation and enterprise.
Projects that build upon policies, priorities or funding of the other eight UKRI councils, the Office for Students, or wider Industrial Strategy developments.
Addressing challenges and opportunities in university commercialisation policy and practice. In due course, we may update or review these priorities in the light of development of UKRI’s commercialisation strategy.
Equality, diversity and inclusion (EDI) in research and knowledge exchange
Strategic and innovative approaches to improve EDI, within HE or in collaboration with other organisations.
Creating opportunities to consolidate existing, or develop new opportunities, for international collaborations
The Industrial Strategy highlighted the development of the International Research and Innovation Strategy and the UKRI Fund for International Collaboration. In the context of this wider landscape we are inviting activity from institutions in England that look to address the following areas:
- proposals for major strategic international research partnerships enhancing the impact of research in England
- improving practice in leadership, governance and management focused on international opportunities
- innovative approaches to international collaboration in KE, focused on KE activities that could be scaled up or of wider relevance to the HE sector.
We will not fund:
- a research project or programme (given other resources for research)
- general capacity building
- continuation of existing activities, it needs to be a genuinely novel development
- activity outside our remit