Details announced on Science Research Investment Fund

Issued: Thu, 01 Mar 2001 00:00:00 GMT

The University will get some £14.5M over the next three years from the Science Research Investment Fund (SRIF) the Government and Scottish Executive announced today (Thursday).

The joint announcement of the £90M SRIF was made on behalf of the Scottish Executiveand the Scottish Office by Enterprise and Lifelong Learning Minister, Wendy Alexander, and Scottish Secretary, Helen Liddell.

The Scottish Science Research Investment Fund combines funding from the UK Science Budget and the Scottish Executive. The funding will be distributed by the Scottish Higher Education Funding Council (SHEFC).

The £90M announced today for Scottish Higher Education includes the Scottish allocation of £45M already announced by the Secretary of State for Trade & Industry last month and the SHEFC spend of £45M over the next three years.

Commenting on the announcement,the Principal of the University of Glasgow, Professor Sir Graeme Davies, said: "We welcome this confirmation of the Government's commitment to work with the funding council and others in supporting the Scottish science base. Further investment in the University of Glasgow's science and engineering infrastructure will significantly strengthen our research capability and enhance the contribution we can make to Scotland's Knowledge Economy."

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