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EU Grants and Loans

Department for Business, Energy and Industrial Strategy written question – answered on 12th February 2019.

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Photo of Lord Henley Lord Henley Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Under the terms of the HM Government funding guarantee, Structural Funds (European Regional Development Fund and European Social Fund) projects signed before the UK exits the EU will continue to be funded even in the event of no deal. The guarantee also enables new projects to be signed after exit until 2020 with funding from HM Government.

This practical measure ensures that beneficiaries can expect to receive the same amount of funding under the guarantee as they would have received if the UK had remained a Member State.

This provides additional certainty to communities, businesses and local partners, guaranteeing investment in regional growth up to the end of the current Structural Funds programme period.

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