British Heart Foundation Research funding in the current financial climate Peter Weissberg Medical Director British Heart Foundation

A record charitable spend of £118m

BHF Charitable spend Do we get value for money?

Research Assessment Exercise (UoA 1) Just over 1500 papers submitted from 13 institutions 13% world leading; 44% internationally excellent Majority of research funding from research charities Two institutions with strong CV research chose not to submit to this panel

Research Assessment Exercise Integration of basic and clinical CV science clearly successful in some, but not all, institutions Added value of good NHS collaboration and clinical research facilities evident Being within a genuinely collaborative multidisciplinary environment is advantageous Evidence that 4 year PhD training programmes are valuable Longer-term funding (programme grant level or above) correlates well with output quality

BHF SPENDING AND INCOME £m BHF income to BHF spending to Difference33

Funding challenges 2009

BHF Future Expenditure Good news We still have a lot of money to spend Bad news We have less money than we were expecting to spend and an expectant community

BHF Research Priorities Little opportunity for new initiatives The bar for funding will be higher Will have to prioritise funding of good research proposals Value for money

BHF Research Priorities Maintain our traditional funding streams

BHF Research Priorities Maintain our traditional funding streams Support our Research Centres of Excellence

BHF Research Priorities Maintain our traditional funding streams Support our Research Centres of Excellence Support research careers

BHF Research Priorities Maintain our traditional funding streams Support our Research Centres of Excellence Support research careers Maintain balance between clinical and basic research