The UK government must provide further clarity on its guarantee to underwrite successful Horizon 2020 bids in the event of a no-deal Brexit as a matter of urgency, a group of peers has said.
If the UK crashes out of the EU on 29 March, it will automatically be downgraded from full member to third-country status in relation to the Horizon 2020 R&D programme. In that scenario, the government has committed to guarantee all successful bids awarded funding from the programme until the end of 2020, and for the duration of the projects.
But in a report published on 12 February, the House of Lords EU Home Affairs Subcommittee called on the government to clarify how such guarantee would operate in practice. Peers demanded further clarity around who would disburse the funding and what terms and conditions would apply to beneficiaries.