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<p>The Government underwrite guarantee will cover funding for all successful UK bids
to Horizon 2020 that are submitted before exit, even if they are notified of success
after exit. This includes the 47 successful UK bids to the ERC Advanced Grant 2018
call which form part of the €540m funding recently announced by the European Commission
for cutting edge research.</p><p> </p><p>The UKRI portal was announced in the Horizon
2020 Technical Notice and is part of our plans to underwrite funding for UK Horizon
2020 beneficiaries in the event of ‘no deal’. In this scenario, UK beneficiaries who
have registered on the UKRI portal will receive detailed information about how the
guarantee will be delivered and the next steps that they need to take.</p><p> </p><p>Since
the announcement of the underwrite guarantee in 2016, the Government has consistently
reiterated our commitment to deliver it, should it be required. Methods used include
Ministerial statements in Parliament, digital engagement by both BEIS and our delivery
partner UKRI, and direct engagement with business and stakeholder groups.</p>
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