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<p>The main streams of funds available to UK universities and research bodies are
Horizon 2020, Erasmus Plus and aspects of the European Structural and Investment Funds.</p><p>Under
Horizon 2020, the current Framework Programme, the UK has been awarded €1.84bn to
date[1] (excluding the Euratom nuclear research and training programme).</p><p>In
2014, the first year of the Erasmus Plus Programme, the UK obtained €79.08 million
for mobility grants to 36,734 people from all educational sectors to study, train
and volunteer abroad. A further €30.66m was obtained for cooperation projects<sup>[2]</sup>.</p><p>The
UK’s strategy<sup>[3]</sup> for its 2014-2020 allocations from the European Structural
and Investment Funds sets out that €1.6bn was earmarked for the theme of research,
technological development and innovation.</p><p>As the Prime Minister has made clear,
while the UK remains a member of the EU, current EU funding arrangements continue
unchanged, including those that apply to students, researchers, and businesses. It
will be for the Government under the new Prime Minister to begin the negotiation to
leave, and set out arrangements for those currently in receipt of EU funds.</p><p>
</p><p>The UK economy is fundamentally strong and our research and innovation are
world leading. The Government intends to maintain and enhance the strength of our
research base.</p><p> </p><ol><li><p>UK participation in H2020 and FP7, BIS occasional
(<a href="https://www.gov.uk/government/publications/uk-participation-in-horizon-2020-and-framework-programme-7"
target="_blank">https://www.gov.uk/government/publications/uk-participation-in-horizon-2020-and-framework-programme-7</a>)</p></li><li><p>Ref:
<a href="https://www.britishcouncil.org/organisation/press/british-council-ecorys-uk-delighted-win-erasmus"
target="_blank">https://www.britishcouncil.org/organisation/press/british-council-ecorys-uk-delighted-win-erasmus</a>.</p></li><li><p><a
href="https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/368808/bis-14-1179-united-kingdom-partnership-agreement-part-one.pdf"
target="_blank">https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/368808/bis-14-1179-united-kingdom-partnership-agreement-part-one.pdf</a></p></li></ol><p>
</p><p> </p>
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