Economic research on the returns to R&D investment (Grant)

Apply for funding to support research that can help develop new measurements of the return on investments in research and development (R&D). You must be based at a UK research organisation eligible for UKRI funding. Total funding: £2.46 million Maximum award: £308,000 Location: National Who can apply: Public Sector, Non-profit, Private Sector Closing date: 2026-11-19 16:00 (UK time) Eligibility This opportunity is open to organisations with standard eligibility. Check if your organisation is eligible. International researchers As UKRI is a lead funder for this funding opportunity, international researchers can apply as ‘project co-lead (international)’. You should include all other international collaborators (or UK partners not based at approved organisations) as project partners. Equality, diversity and inclusion We are committed to achieving equality of opportunity for all funding applicants. We encourage applications from a diverse range of researchers. We support people to work in a way that suits their personal circumstances. This includes: - career breaks - support for people with caring responsibilities - flexible working - alternative working patterns UKRI can offer disability and accessibility support for UKRI applicants and grant holders during the application and assessment process. Remit If you are unsure whether your proposed research falls within the remit of this funding opportunity, email a brief summary to [email on the official page] and we will get back to you. Summary Apply for funding to support research that can help develop new measurements of the return on investments in research and development (R&D). You must be based at a UK research organisation eligible for UK Research and Innovation (UKRI) funding, however, collaborations with international researchers are strongly encouraged. The full economic cost (FEC) of your project can be up to £308,000. UKRI will fund 80% of the FEC. The duration of this award is 24 months. Projects should start no later than 1 April 2027. Objectives Demand management Demand management is not being applied to this funding opportunity Aim UKRI is seeking to support research that can help develop consensus estimates of the economic and social return on investments in research and development (R&D). This funding opportunity aims to spur rigorous, empirical studies that can narrow the range of existing estimates and inform public and private R&D investment decisions. This funding opportunity is solely supported by UKRI but has been developed in Dates Assessment process We will assess your application using the following process: Eligibility checks All submitted applications will be initially checked for funding eligibility. Any applications that do not meet the eligibility criteria will not progress to panel assessment. Panel We will invite experts to assess the quality of your application and rank it alongside other applications after which the panel will make a funding recommendation.UKRI will make the final funding decision.For more infor How to apply Click https://funding-service.ukri.org/OPP1311/apply/1340 to apply in the UKRI Funding Service. We are running this funding opportunity on the new UK Research and Innovation (UKRI) Funding Service so please ensure that your organisation is registered. You cannot apply on the Joint Electronic Submissions (Je-S) system. The project lead is responsible for completing the application process on the Funding Service, but we expect all team members and project partners to contribute to the application. Only the lead research organisation can submit an application to UKRI. To apply Select ‘Start application’ near the beginning of this Funding finder page. 1. Confirm you are the project lead. 2. Sign in or create a Funding Service account. To create an account, select your organisation, verify your