Two support packages will give greater job protection to thousands of researchers, scientists and technicians working at UK universities during coronavirus (COVID-19).
- Research jobs and ground-breaking projects impacted by coronavirus to be protected by 2 new government support packages
- new research funding scheme opens this autumn to cover up to 80% of a university’s income losses from a decline in international students
- around £280 million to enable universities to continue their cutting-edge work, such as research into antibiotics resistance and the effects of coronavirus on society
Thousands of highly skilled researchers, scientists and technicians working at UK universities will receive greater job protection thanks to 2 significant support packages announced by Business Secretary Alok Sharma today (27 June).
From this autumn, research-active universities across the UK that have been impacted by the coronavirus pandemic will be able to access long term, low interest loans, supplemented by a small amount of government grants, covering up to 80% of their income losses caused by any actual decline in international students.
This funding will be available to bolster those universities who are taking their own steps to make efficiencies, in line with the rest of the economy, to protect their research bases. In addition, some universities may also be losing funding from charities and businesses, which goes towards vital medical research. The package will be made available to fund research and high priority projects, such as medical research, in order to support universities to continue to be at the cutting edge of innovation.
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