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£10m research funding awarded in response to charity shortfall

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Research England has allocated £10m to three specialist institutions to address a reduction in charity funding caused by the impact of the COVID-19 pandemic.

The institutions who will receive a share of the funding from Research England’s Specialist Institutions Fund are the London School of Hygiene and Tropical Medicine, the Liverpool School of Tropical Medicine and The Institute of Cancer Research in London.

This funding was reallocated from the £80m Specialist Institution Fund launched by the Chancellor in the 2020 spring budget.

To be eligible to receive this reallocated funding, institutions needed to receive more than 10% of their total income from eligible charity funding.

David Sweeney, executive chair of Research England, said: “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 jeopardized by a reduction in charity funding.”

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