The Wellcome Trust has announced that it will be reviewing the way in which it supports science.
Wellcome’s mission is improve health for everyone. A large way in which this is achieved is through their support of science (£630 million a year) through various schemes. The way in which science is supported has varied very little over the decades of funding and Director of Science, Jim Smith, has decided it’s time to change this. With £1 billion earmarked by Wellcome for science, innovation and culture each year for the next five years any changes could have a major impact.
The review will focus on the following questions:
- What disciplines and areas of science should Wellcome support?
- What career stages should Wellcome focus on?
- Where should Wellcome fund?
- With whom should Wellcome partner?
The review is expected to take a year to complete with any major changes to be introduced from October 2021.