The Government has committed to underwrite any funding that UK researchers currently receive from EU funding programmes should Brexit negotiations conclude with no deal being agreed.

The guarantee covers projects funded by Horizon 2020, as well as Structural Funds like the European Regional Development Fund, and ensures that any successful bids made by 31 December 2020 will receive their full financial allocation and will continue to receive funding for the lifetime of the project.

The assurance builds on previous Government commitments – made in August and October 2016 – by explicitly referencing the potential for negotiations to end without a mutually recognised withdrawal agreement.