Welcome slide

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Welcome slide
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HEIF 4Institutional strategies
Alex Thompson, Senior Policy Officer
AURIL, Woburn House, 19 February 2008
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HEIF 4

• Overview of HEIF 4 funding
• Requirements for institutional strategies
• Assessment of strategies by HEFCE
• Future activities

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• HEIF 4 - Overview

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HEIF 4 Aim

• To support and develop a broad range of knowledge
  transfer activities which result in economic and
  social benefit to the UK.

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HEIF 4 Funding available

• 2008-09 112 million
• 2009-10 134 million
• 2010-11 150 million
• (HEIF 3 2007-08 111 million)
• Plus 8 million for existing Centres for
  Knowledge Exchange

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HEIF 4 Background

• Method Sainsbury Review on HEIF 4
• Should be allocated entirely on the basis of a
  formula
• Increase in funding should go largely to
  business-facing universities
• Less weight on size of institution
• More incentive to work with SMEs

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HEIF 4 Formula

• Formula
• First component (40)
• Capacity building and potential
• Academic staff numbers (FTE)
• Second component (60)
• Performance
• Value of BC services
• (SME income double weighted)
• Min allocation (100k transition funding (0.8 x
  HF3) relative and absolute caps (2.5 x HF3
  1.9M)

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HEIF 4 - Allocations

• January 2008
• Indicative allocations published, based on
  historic data
• ?
• February 2008
• Verification and sign-off of 2006-07 data
• ?
• 07 March 2008
• Publication of final allocations, based on
  2006-07 data

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HEIF 4 Purpose of funds

• To support a broad range of KT activities,
  resulting in economic and social benefit
• Including infrastructure and capacity for
  enterprise education
• Not only KT with private sector also public
  sector and third sector
• Not to duplicate public funded business support

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• Institutional Strategies - requirements

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Institutional strategies

• All HEIs requested to submit an institutional
  strategy
• Acceptance of strategy by HEFCE necessary for
  funding allocation to be confirmed and released
• Strategy rather than plan
• Not just plan for spending HEIF 4
• Need to know about HEIs overall strategic
  approach to KT

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Institutional strategies - Purpose

• Assurance
• formula HEIF funding will be used strategically
  by HEIs, towards better performance in the future
• Confirmation
• funding to be used in line with aims of HEIF
• Information (to policy makers and funders)
• plans for using HEIF 4 funding
• context within which KT funding is used

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Institutional strategies - requirements

• To cover
• institutions overall approach to KT
• Plans for use of HEIF 4 funding
• Deadline of 14 April for submission to HEFCE
• Submitted electronically
• Standard template provided

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Institutional strategies Section A

• Key aspects of HEIs overall KT strategy (not
  just to HEIF-funded)
• Aims activities targets
• Evidence and rationale
• Development over time evidence of demand
• Collaborations
• V important, despite institutional allocations.
• HEIs now lead in creating/maintaining sustainable
  collaborations.

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Institutional strategies Section A

• Monitoring and KPIs
• Engaging academic staff
• Potential capacity eg Sainsbury recommendation
• Approaches to performance improvement

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Institutional strategies Section B

• Plans for using HEIF funding
• By broad categories of expenditure (eg staff/PoC)
• By types of KT activity (eg enterprise edu CPD)
• How the funding will contribute to KT strategy

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Institutional strategies Section C

• Risks
• Internal/external/mitigation
• Flagship projects
• Innovative large scale new

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• Assessment of strategies

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Assessment of strategies - criteria

• HEI has sound strategic approach to KT
• Clear aims, expected outcomes, plans
• Evidence based and clear-rationale..
• Strategic approach to collaboration..
• In line with institutional strategy strengths
  location..
• Good management practice is applied to KT
• Systems for performance management
• Planning, risks, monitoring, evaluation

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Assessment of strategies - criteria

• 3. A commitment to innovation, continued
  improvement, development in KT
• Incl. appropriate use of collaboration
• Flagship projects, but also analysis of risks
• Building capacity in new/all areas of the HEIs
  activities.
• 4. HEIF 4 funding will be used well
• in line with objectives of programme
• to deliver value for money for public investment
• to respond flexibly to changing priorities

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Assessment of strategies - process

• HEFCE will assess all strategies with advice
  from
• Independent expert consultants
• Group of BC Strategic Advisory Cttee
• Where we have questions/concerns about
  strategies, we may request a re-submission in
  June 2008
• NB May also look for synergy between HE-BCI data
  returns and strategy

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Assessment of strategies - outcomes

• 3 possible outcomes
• Strategy approved for funding, with special
  commendation
• Strategy approved for funding
• Strategy not approved for funding (or only with
  certain conditions)
• Feedback to be provided in all cases

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Assessment of strategies - timetable

• 14 April Strategies submitted to HEFCE
• End May Initial assessment complete.
• Strategies either accepted, or
  re-submission requested from HEI, to address
  queries/concerns.
• June Re-submitted strategies to HEFCE
• Mid-July Final assessment complete.
• August Funding begins

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Institutional Strategies Analysis and
dissemination

• Consultants to carry out analysis of strategies
  at sector level
• To inform policy makers, funders and stakeholders
• To support sharing of good practice around the
  sector
• Publication of overview report
• Publication of all approved strategies (by IKT?)
• Need to work together on more strategic and
  extensive dissemination of good practice in KT

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Institutional strategies - Monitoring

• HEIs report to HEFCE in AMS
• November (single conversation process)
• Confirm progress to date in implementing HEIF 4
  strategy
• HEFCE to take action in cases of significant
  slippage, under-spend or change to plans.

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• Future Activities

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Future Activities - 2008

• Confirmation of CKE funding 2008-09, Feb 08
• HE-BCI report 2006-07, summer 2008
• Evaluation of role and effectiveness of third
  stream funding, Autumn 2008
• Monitoring of HEIF 3 funding (autumn 2008)

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Future Activities - networking

• Initial ideas from HEFCE
• Sainsbury 4.2 event to explore
• Leadership in KT (Saraga report) event
• KT with creative industries survey event
• Further networking, or information sharing
  relating to new policy priorities in innovation
• Suggestions welcome!

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Future activities Strategic

• DIUS Science and Innovation Strategy
• HEFCE Strategic Plan 2009-14
• ESRC FCs Economic impact research projects
  (ends 2010).
• Funding beyond 2011

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• Thank you
• Further information Alex Thompson
• a.thompson_at_hefce.ac.uk 0117 931 7041

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Welcome slide