Government to “willingly make” financial contribution for access to EU grant funding, post Brexit.

On 21st May, Theresa May delivered a speech on Science and Industrial Strategy that gave the clearest indication yet of how the UK’s involvement in EU grant funding might emerge post-Brexit.

During her speech, she confirmed that the government would “willingly make” an appropriate financial contribution in order to continue the UK’s association with European science and innovation programmes – including the successor to Horizon 2020 (due to end in November 2020). In return, the government would want a “level of influence” in line with the contribution made.

This speech follows on from the government’s Joint Report, published in February 2018 which stated that UK companies would still be able to apply for H2020 funds, post-Brexit.

Granted’s opinion

Granted Director, Alex Chalkley, states:

“We welcome the government’s commitment to international collaboration post- Brexit, especially in regard to securing access to EU grant funding. The UK has signalled that they are ready to discuss details with the Commission as soon as possible, so we will be watching with interest to hear their response and will continue to post further updates.

In the meantime, we would encourage UK businesses involved in research and innovation to carry on applying for EU funding. Whilst there are no absolute guarantees, this has certainly helped to alleviate many concerns that Britain’s exit from the EU in March 2019 could signal the end of EU funding for UK businesses. We have helped a number of businesses access EU funding, so if you think your business might be eligible, get in touch.

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