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Academy funding continued to increase

31 March 2011

In 2010, the total value of Academy of Finland funding decisions came to EUR 324 million, up a strong 7 per cent from 2009, when the disposable funding stood at EUR 304.2 million. The value of all applications received by the Academy in 2010 was EUR 1.4 billion, compared to EUR 1.6 billion in 2009. Funding could only be granted to applications that received the highest ratings in peer reviews.

According to the Academy’s Annual Report for 2010, researchers based at universities received 84 per cent of all Academy funding. Funding awarded to Academy Projects accounted for 38 per cent of the total amount of funding, altogether for EUR 124 million. The Finnish Centre of Excellence programmes accounted for 9 per cent, research programmes for 4 per cent, and research posts as Academy Professor and Academy Research Fellow for 9 per cent of the total amount of funding. In turn, contributions to international organisations and cooperation agreements accounted for 7 per cent, or EUR 21 million.

The Academy invited applications for research programmes and announced the second stage of the Centres of Excellence 2012–2017 call, which involves 32 shortlisted applicants. The Academy Board will make the decisions on the teams to be selected to the CoE programme in June 2011.

The Academy awarded EUR 28 million in support for research infrastructures. Funding was made available in three infrastructure calls to nationally significant research infrastructure projects prioritised by universities. Seventeen of the projects are listed on the roadmap for national-level infrastructures and 15 have connections with the European roadmap of the European Strategy Forum on Research Infrastructures (ESFRI, 2006 and 2008).

The Academy of Finland Annual Report is available online at www.aka.fi/publications.

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