5. Issues About Funding

Advice About Funding

Do you need any advice concerning funding for your research project?

Project Planning

You should have a plan containing

The plan should demonstrate that an assessment has been made of the key factors that will influence the success of the project in terms of achieving its objectives including:

NHS R&D costs

Youneed to consider the financial implications for the NHS of the research you are thinking about doing, and be clear when you apply for research funding what is and what is not a research cost. The document Attributing revenue costs of externally-funded non-commercial research in the NHS (ARCO) from the Department of Health clarifies this.

Sponsor costs

You must contact your sponsor before finalising your proposal and applying for funding to ensure any related costs are in included in the application.

Costings Checklist

Have you thoroughly assessed the potential costs of your research project? Allow sufficient time for the costings to be verified by the host institution finance office.

Salaries

Will you need to pay for any other assistance or do you have enough staff within your research project?

Paying Consumers Involved in Research

There can be difficulties in paying users to be involved in your research, especially for those receiving state benefits.

It is important to cost for the involvement of users in development and management of the study, as well as disseminating results to them after it has finished.