UKRI funding in the North East
In the 2020/21 financial year:
- The North East received £230 million of funds from UK Research and Innovation (UKRI) sources
- just over 44% was from research councils, more than 37% was from Research England and the remainder was from Innovate UK
- the North East total represented about 3.4% of total UKRI spend in England, the majority of which (58.7%) funded projects in the London, South East and East of England regions
- the UKRI spend per resident in the wider North East region (including Tees Valley) was the fourth lowest among the nine English regions
- the North East regional rate was less than half that of both London and the South East region
- the North East total spend was 7.1% higher than in 2019/20 but this was less than half the percentage increase in the three south eastern English regions (15.1%).