Its five-year investigators programme will be shared across 10 higher-education institutions and will create 94 research positions, the foundation said in a statement on 21 September.
The projects cover areas including cancer, cattle breeding, climate change, inflammatory diseases, materials, mathematical modelling, nanoscience and seismology.
The review process also identified a further 33 projects deserving of support and these will go onto a reserve list with the possibility of funding later in the year, should budgets allow, the foundation said.