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Brexit update - EU funds are still available in Essex

UK flag and EU joined together

Thursday 16 February 2017

In June 2016, the Brexit referendum triggered a period of uncertainty about what EU funding the UK remains eligible for. This period is now over.

In addition to all the EU wide funding opportunities the UK is still eligible for – such as Interreg, Horizon 2020 and Erasmus+ - the SELEP European Structural and Investment Fund returned to normal levels of activity and recently opened various calls for applications worth £22.5 million.

Moreover, the Government has confirmed it will guarantee EU funding for structural and investment fund projects signed before the UK’s departure from the EU (currently not later than 31 March 2019), even when these projects continue after the UK leaves the EU. Therefore it is highly recommended to consider EU funding opportunities as reliable and relevant investments for your funding needs.

On 17 January Prime Minister Theresa May delivered her Lancaster House Brexit speech detailing the exit plan for Britain, including the 12 priorities the UK Government will use to negotiate Brexit. In this speech, the Prime Minister specially stated that the UK will "continue to collaborate with our European partners on major science, research and technology initiatives”.

“And even though the UK will no longer be members of the Single Market and therefore not be required to contribute huge sums to the EU budget, there may be some specific European funding programmes in which we might want to participate,” the Prime Minister added.

The Government has placed significant emphasis on the importance of research and technology, most notably in the Building our Industrial Strategy Green Paper, and UK universities and academic bodies have lobbied successfully to maintain its leading role in European research.

As some current non-EU member states already participate in EU programmes (and contribute to their costs), it may be possible for UK institutions and business to still have access to a number of programmes after departing from the EU.

If you would like to learn more about the impact of Brexit on EU funding, or would like more information or want to stay up-to-date on EU funding news and opportunities, please get in touch and subscribe to our EU funding bulletin.

 

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