BBSRC response to the DIUS announcement of 9 October 2007 on the allocations to Research Council (2008-2011)
12 October 2007
BBSRC warmly welcomes the announcement of its Science Budget allocation for the period 2008-2011. By 2011, BBSRC’s budget will be over £470M – an increase of 22% over the spending review period.
Commenting on the allocation, BBSRC interim Chief Executive Steve Visscher said that it was an excellent outcome for UK bioscience, enabling the BBSRC to drive forward the crucial bioscience component of interdisciplinary research in national priority areas, including: bioenergy, combating disease threats and threats to food security from climate change, lifelong health in ageing populations, global security and nanotechnology. Substantial additional funds have been provided to fund research at 80% of full economic costs across the period. This will underpin our world class strength in biosciences by ensuring an infrastructure which keeps the very best scientists in the UK and attracts world class researchers from overseas.
The allocation will enable BBSRC to deliver on its ambitious plans to help increase the economic impact of bioscience research, including significantly increased funding for collaborative and complementary investment with the Technology Strategy Board. It will also help to support the skills development that is crucial for the competitiveness of UK bioindustries and in the academic and public sectors.
Mr Visscher said that BBSRC will be able to build on its previous investment in key areas such as systems biology research, whilst maintaining funding for responsive mode grants.
The BBSRC also welcomed the increased Science Budget investment in the Large Facilities Capital Fund, and increased support for capital grants within its own allocation.
External Relations Unit