This will increase the ‘agency capital’, i.e., capital savings from grants and externally funded activities, to SEK 674 million at the end of 2012. The University is expected to have positive financial results in the next few years as well.

Through the research and innovation bill, the University’s direct government funding for research and third-cycle programmes will increase by about SEK 50 million from 2014. The University Board has therefore decided to allocate the corresponding increase to the Board of Science and the Board of Humanities, Law and Social Sciences already in 2013.

“We have significant savings. This allows for investments, the most important of which is our major internationalisation effort. The departments will also receive the increase in research funding that was planned for 2014 already in 2013,” says Vice-Chancellor Kåre Bremer.