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<p>Ministers and officials from across the Government are speaking with a variety
of stakeholders from all sectors, including start-ups in the technology sector, to
understand business concerns and priorities after EU exit. These discussions will
inform our negotiating position.</p><p>Details of Ministerial meetings are published
in the Department’s Quarterly Transparency Returns, which are made publicly available
on GOV.UK.</p><p>UK projects that are in the process of securing finance from the
European Investment Bank (EIB), and its subsidiary the European Investment Fund (EIF),
have been affected as the EIB Group undertakes due diligence.</p><p>The Chancellor
and senior Treasury officials have been working very closely with EIB Group management
to resolve these issues. The UK believes that UK firms should be able to access EIB
and EIF funding on equal terms as other Member States while the UK remains a member
of the EU, as the Chancellor set out in his Mansion House Speech.</p><p>The government
has put in place measures to ensure that UK firms which may no longer be able to access
EIB Group finance receive the investment they need. The UK Guarantees Scheme will
continue to support UK infrastructure investment and will, for the first time, offer
guarantees for the construction phase of a project. The British Business Bank has
also been authorised to raise the limit on its investment in individual projects from
33% to 50% and the government will bring forward planned investments in venture capital
that were previously announced in the 2016 Autumn Statement.</p><p> </p>
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