What does that mean? Well, time will tell. But it looks like they're mixing and matching elements of Wellcome's funding of the big stars of the reserarch firmament, and EPSRC's 'demand management'.
The main features will be:
- One consolidated proposal per department (or equivalent) per subject area submitted every 3 years;
- Core staff posts could be funded up to 4 years, non core staff posts up to 3 years (but with flexibility to spend over 4 years using the existing rules for applying for a grant extension);
- An individual academic can only be supported for exploitation on a maximum of one consolidated grant.
Details on the key features of a consolidated scheme and the other Panel recommendations can be found in the full report (PDF - link opens in a new window).
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