Government underwrites European funding
The UK Government recently said that businesses and universities should continue to bid for EU funding while the UK remained a member of the EU and that it would underwrite payment of awards even when projects continued beyond UK membership.
The Chancellor Philip Hammond has confirmed that British businesses and universities will have certainty over future funding and should continue to bid for competitive EU funds while the UK remains a member of the EU.
Key projects supporting economic development across the UK will be given the green light, ending uncertainty over their future following the UK's decision to leave the European Union.
For more details on the announcement please follow the link:
https://www.gov.uk/government/news/chancellor-philip-hammond-guarantees-eu-funding-beyond-date-uk-leaves-the-eu
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