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<p>Following the Chancellor’s announcement in August, which guaranteed funds for projects
signed up until the Autumn Statement, the Chancellor has confirmed that the government
will guarantee EU funding for structural and investment fund projects, signed after
the Autumn Statement and which continue after we have left the EU.</p><p>Funding for
projects will be honoured by the government, if they are good value for money and
are in line with domestic strategic priorities.</p><p>This means that the implementation
of the European Social Fund Programme continues, notably with the preparation of calls,
appraisal of applications, signing of funding agreements, payment of claims, verification
of claims, and audits.</p><p>There is considerable stability in the ESF programme,
with around half of the programme budget (approx. £1.2bn) already committed and delivery
spanning across the programming period. The announcement means that British organisations
have additional certainty over future funding and should continue to apply for EU
funding while the UK remains a member of the EU.</p><p> </p>
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