To ask Mr Chancellor of the Exchequer, what discussions officials of his Department have had with local enterprise partnerships on future funding from the Government for new projects after the projects that are funded by European Structural and Investment Funds are completed.
21 October 2016
The government has provided a guarantee for all European Structural and Investment Fund projects signed before the Autumn Statement. The government has also provided a guarantee for all projects signed after the Autumn Statement and before the UK’s departure from the European Union, if they provide good value for money and are in line with domestic strategic priorities. Over the coming months, departments will work with stakeholders, including Local Enterprise Partnerships, to review all EU funding schemes. This will ensure appropriate investor certainty.