Awards are for seven years in the first instance, and provide both a personal salary and research programme funding in full.After the first period of award, the fellowship will be subject to a competitive scientific review, which will subsequently occur on a rolling basis every five years.Fellowships will be renewed on a partnership basis; the Trust and the host institution will jointly fund the Principal Research Fellow's basic salary through a '50:50' arrangement for the duration of any renewal period. The Trust will provide research programme costs throughout the entire period of the fellowship.The host institution will be required to guarantee, at the outset, that it will support renewal of the fellowship under the shared funding arrangement, and that an established post will be available to the fellow on termination of the award.