Funding from EU programmes guaranteed until the end of 2020

Posted on: 14/08/2018

Funding secured by UK organisations through EU programmes, from now until the end of 2020, will be guaranteed by the UK government.

The UK government announced at the end of July that it will guarantee funding secured by UK organisation through EU programmes, even in a no deal scenario. This means that successful bids for EU funding until the end of 2020 will receive their full financial allocation and will continue to receive funding over the project’s lifetime.

The government’s priority remains ensuring the draft Withdrawal Agreement is finalised and concluded. This would mean that UK Horizon 2020 participants and projects would be unaffected by EU exit.  It will see the UK continue to participate in all EU programmes until the end of 2020 – providing certainty for British organisations and their European counterparts. The guarantee announced on 24 July 2018 will reflect this by underwriting the UK’s full allocation for structural and investment fund projects, such as funding secured through the European Regional Development Fund, until the end of 2020.

The Treasury will also guarantee funding for UK organisations which successfully bid directly to the European Commission – through programmes like Horizon 2020 – until the end of this EU budget period if no deal is agreed.

This means that potential applicants can bid for funding whatever the outcome of the negotiations. It will also ensure that UK organisations continue to benefit from funding post-Exit.

Click here for more details on this topic, including Q&A which should be read in conjunction with the article.

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