UK Government Horizon Europe ‘financial safety net’ scheme announced
The UK Government today announced a new 'financial safety net' scheme which will provide certainty for successful Horizon Europe applicants, while waiting for the completion of UK association to the programme.
While the government’s priority remains association to Horizon Europe, as both the UK and the EU agreed under the Trade and Cooperation Agreement (TCA) last year, ongoing delays by the EU have led to uncertainty for researchers, businesses and innovators based in the UK.
To provide reassurance, the government has guaranteed funding for the first wave of eligible, successful applicants to Horizon Europe, but who have been unable to sign grant agreements with the EU.
The funding will be delivered through UK Research and Innovation, which will publish further details about eligibility, scope and how to apply in the coming weeks.