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Register hereOur ambition is to maintain – and improve – Scotland’s world-leading position in university research, and maximise its impact through a combination of strategic investment and innovative policies.
Scotland’s universities have an outstanding reputation and record of success in research, appearing prominently in international rankings of research and attracting high levels of funding. In the 2021 Research Excellence Framework – which measures the quality of research in UK universities – 84% of research in Scotland’s universities was assessed as world-leading or internationally excellent.
We support the competitiveness of Scotland’s research base through a range of investments and the training and development of postgraduate teaching and research students. We aim to develop and sustain a dynamic and internationally competitive research sector that makes a major contribution to economic prosperity, national wellbeing and the expansion of knowledge.
Scotland’s universities are a key part of the innovation system because of the skills that their graduates bring to the economy, the quality of their research and their ability to generate new ideas, products and processes. All of which has the potential to support business growth and competitiveness.
The Knowledge Exchange and Innovation Fund (KEIF) began in AY 2024-25 and replaced the University Innovation Fund. For further information see Knowledge Exchange and Innovation Fund Further Information 2024-25.
The KEIF is informed by SFC Knowledge Exchange Metric Data AY 2020-21 to AY 2022-23.
The KEIF Strategy Guidance for AY 2025-26 to AY 2029-30 provides detailed guidance on the submission of five-year KEIF strategies. It covers the requirements and priorities for all universities in receipt of KEIF as well as information on SFC approval and annual reporting.
KEIF strategies set out each institution’s priorities for knowledge exchange and innovation activities supported by KEIF from AY 2025–26 to AY 2029–30 and demonstrate the contribution of KEIF to Scottish Government priorities.
Five-year KEIF strategies were assessed by an expert panel in March 2025 and have now been published.
The review was supported by SFC’s Research and Knowledge Exchange Committee’s (RKEC) UIF Review Group. The review assessed progress against the original aims of the UIF approach and provided recommendations for improvement and enhancement. The Review Group was chaired by former SFC Board member, Douglas Mundie with membership from SFC’s RKEC and other partner organisations.
Further information about the review.
SFC Strategic Plan 2022-27
Building a connected, agile, sustainable tertiary education and research system for Scotland.