Higher Education Funding Council for England
- Published: Thursday, 28 March 2013 14:27
- Written by Patric Donnachie
HEFCE distributes public money for higher education to universities and colleges in England, and ensures that this money is used to deliver the greatest benefit to students and the wider public. It monitors the financial health of universities and colleges and the quality of their courses, and seeks to ensure that everyone with the potential to enter higher education has a fair chance to do so.
HEFCE has a long-standing commitment to university-business collaboration, particularly through its funding for knowledge exchange since 1999; and sees the establishment of the National Centre for Universities and Business as an important component in developing and improving HE-business links related to HE research, teaching and knowledge exchange. HEFCE aims to encourage partnership between universities and businesses and other partners to tackle together the challenges and opportunities and contribute to the nation’s economic growth and recovery.
Universities have enormous potential to drive economic growth and help connect the dots explains Prof Wendy Purcell.