£60 million Regional Innovation Fund announced

The government has announced a £60 million Regional Innovation Fund to boost support for universities in areas with lower levels of R&D investment.

Technology secretary Michelle Donelan announced the plans.

The RIF will see £48.8 million go towards 110 universities across England and will be delivered by Research England.

Scotland will receive £5.8 million, Wales will receive £3.4 million and £2 million has been allocated to Northern Ireland to support local and regional economies, and therefore boost growth and increase productivity.

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