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<p>Companies in the UK can receive research and innovation funding through two different
EU programmes: Horizon 2020 and the European Regional Development Fund.</p><p>Between
January 2014 and September 2016 1,011 UK companies were awarded funding from Horizon
2020 with a total value of €564m. Of this total, 25 companies are from Wales who have
been awarded €10m.</p><p>Support for companies for Research and Innovation from the
European Regional Development Fund is most often provided through intermediaries such
as universities and knowledge transfer centres and it is not possible to say how many
companies have received funding until projects have been completed and the outputs
verified. As most projects last for about three years, it is too early to give a figure
from the 2014-2020 programmes.</p>
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