The scope and what we're doing

We provide funding for knowledge exchange via the £230 million Higher Education Innovation Fund (HEIF) to support and develop a broad range of knowledge based interactions between higher education providers and the wider world, which results in benefits to the economy and society.

Aim

The aim is to create and sustain a range of knowledge exchange activities in response to demand across the economy and society.

It is designed to support and develop a broad range of knowledge-based interactions between higher education providers and the wider world, which result in economic and societal benefit to the UK.

What HEIF supports

HEIF supports and incentivises providers to work with business, public and third sector organisations, community bodies and the wider public, to exchange knowledge and increase the economic and societal benefit from their work.

We commission evidence from time to time to demonstrate the value delivered by our funding. This shows that HEIF provides a strong return on investment, with £8.30 generated for every £1 of funding.