Sheffield wins £5.7m to support industryPosted on Tuesday, March 31st, 2009 in News| Share this article
The University of Sheffield has been awarded substantial funding from the UK’s leading engineering and physical science research funding agency to assist and improve engagement between researchers and business and industry.
The Engineering and Physical Sciences Research Council (EPSRC) has announced a £55 million programme to facilitate and expand the transfer of engineering and physical sciences research from Higher Education institutes to businesses.
Sheffield is one of only 12 UK universities to receive an EPSRC Knowledge Transfer Account (KTA) as part of this programme, having been awarded an impressive £6million grant. The grant will give the University the resources required to enable knowledge transfer from EPSRC-funded research.
The funding associated with the KTA will commence in October 2009 for a period of three years. There are four major elements that will benefit from the funding: a Virtual Corporate Laboratory; a Development Hot House; an Industrial Research Fellowship Programme and “Made in Sheffield.”
The University of Sheffield is an established national leader in knowledge transfer. Sheffield is currently number one in the UK in Knowledge Transfer Partnerships with 34 live KTPs, more than any other university.
Professor Tony Ryan, the University´s Pro-Vice-Chancellor for Science and lead academic for the KTA proposal, said “receiving EPSRC funding for Knowledge Transfer is a huge boost to the University of Sheffield, and reflects our existing commitment and achievements in this area. The University is currently seventh in the UK with regard to both the number and value of EPSRC research awards, which have been made to 24 of our academic departments, across all five of the University’s Faculties. Over 120 companies have benefited from direct involvement in EPSRC funded research at the University, and we look forward to consolidating and developing our industrial links thanks to the KTA funding.”
Professor Mike Hounslow, Pro-Vice-Chancellor for Engineering, reflects on Sheffield’s success: “creating and transferring knowledge is at the heart of what our University does. We are delighted to have the support of EPSRC to enable knowledge transfer with even more partners and through this to make a difference to the way businesses operate locally and nationally. Not only will these activities directly create jobs, they will give our partners a competitive edge now and in the future.”
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