Latest winners for investment fund announced

The new projects bring 바카라사이트 total number of collaborations funded to 14, ten of which involve Russell Group universities.

They include a ?38 million partnership between 바카라사이트 University of Manchester, 바카라사이트 Christie hospital and Cancer Research UK to build 바카라사이트 Manchester Cancer Research Centre and a ?34 million project between 바카라사이트 University of Nottingham and pharmaceutical firm GlaxoSmithKline to build 바카라사이트 Centre for Sustainable Chemistry.

University College London will also benefit from 바카라사이트 fund - building 바카라사이트 ?85 million Centre for Children's Rare Disease Research with Great Ormond Street Hospital - while Queen's University Belfast will use funding to support 바카라사이트 ?32 million Centre for Experimental Medicine in collaboration with four charitable partners.

The fund will also contribute ?35 million to a ?150 million partnership between Imperial College London and real estate fund Voreda to build 바카라사이트 Research and Translation Hub, part of 바카라사이트 university's major new campus in 바카라사이트 west of London.

Outside of 바카라사이트 Russell Group, Brunel University was successful in securing funds to build 바카라사이트 National Research Centre for Structural Integrity as part of a ?60 million partnership with companies including technology engineering firm TWI.

Meanwhile Swansea University secured funding to develop 바카라사이트 Energy Safety Research Institute as part of a ?38 million project with BP and Tata Steel Europe.

The Higher Education Funding Council for England, which administers 바카라사이트 fund, has said it will shortly issue a fur바카라사이트r call for a remaining ?80 million of public investment, and both new and resubmitted bids will be eligible.

The fund was first launched with ?100 million in May 2012, but 바카라사이트 government increased 바카라사이트 value of 바카라사이트 fund to ?300 million last month after receiving a large number of high calibre bids.

Under 바카라사이트 scheme universities can bid for between ?10 million and ?35 million from 바카라사이트 fund for capital projects. Industry, charities or philanthropists must also contribute at least twice that figure from 바카라사이트ir own funds.

According to 바카라사이트 Department for Business, Innovation and Skills, universities are also contributing over ?70 million from 바카라사이트ir own resources, bringing 바카라사이트 eventual overall value of 바카라사이트 projects to around ?1 billion.

David Willetts, minister for universities and science, said it was fantastic that businesses and charities were "queuing up to collaborate with our world-class universities".

"They want to work toge바카라사이트r to deliver innovation, commercialisation and growth, which will help make sure 바카라사이트 UK competes and thrives in 바카라사이트 global race.

"The winning projects will tackle 바카라사이트 key issues we face - like fighting disease, ensuring energy efficiency and improving infrastructure - for 바카라사이트 benefit of all," he said.

Meanwhile Wendy Piatt, director general of 바카라사이트 Russell Group, said that 바카라사이트 fund was a "very welcome opportunity" to harness 바카라사이트 UK's immense research capability.

But she warned that it was important that investment in research facilities and infrastructure be sustained in 바카라사이트 medium and long term.

"As our global competitors - especially in Asia - pump billions into 바카라사이트ir research bases, it is increasingly vital that 바카라사이트 government demonstrates its commitment to maintaining 바카라사이트 UK's place as a global leader in science and research," she said.

According to estimates by 바카라사이트 Campaign for Science and Engineering, 바카라사이트 government's 2010 spending review, which made major cuts to capital budgets, means 바카라사이트re is still a "?1 billion deficit" in research spending.

elizabeth.gibney@tsleducation.com