The transition period ends on 31 December 2020. Funding from the EU has supported a wide range of businesses across many sectors. The Horizon 2020 programme alone has provided UK organisations with over €5.5bn of funding for research and innovation projects. The UK’s new relationship with the EU will change the access businesses have to EU funding programmes. But firms can take steps to consider this in their financial planning for the future post-Brexit.
The guidance on this page represents the information currently available from government. The CBI will update this page as new information is released.
Key challenges for business
How will the end of transition impact business’ access to funding from the EU?
Under the Withdrawal Agreement, the UK will continue to participate in programmes funded under the current 2014-2020 Multiannual Financial Framework (MFF) until their closure.
Ongoing projects will continue to receive EU funding for the full duration of the funding programme’s lifetime, including those where funding runs beyond 2020 and the end of the transition period. See below for guidance on specific funding programmes.
Will UK businesses be able to participate in new EU grant programmes?
Organisations will be unable to apply for funding from 2021-2028 EU programmes that are only open to EU member states, such as EU Structural and Investment funds.
The UK government has signalled that it would like to participate in a select number of programmes that are open to participation to non-EU members. This includes the next generation of EU research and Innovation programmes: Horizon Europe and Euroatom. However, UK participation remains subject to the outcomes of ongoing negotiations.
Will there be alternative funding options if the UK does not associate with Horizon Europe and Euroatom?
Should the UK not associate with the scheme, the government has committed to meet any funding shortfalls and put in place alternative schemes. Alternative arrangements will be implemented as quickly as possible from January 2021.