THE GOVERNMENT must take 'urgent action' to support EU-funded training schemes that are at risk of 'stalling or stopping' post-Brexit thanks to the slow introduction of the UK's replacement investment fund, Universities UK has claimed.
, however, 164 of these schemes face suspension or termination when this funding comes to an end later next year. The Government’s replacement investment programme, the UK Shared Prosperity Fund , is not due to fully kick in until 2024/25 — creating a funding gap that could leave both jobs and key community projects at risk.The ESIF comprises five linked funding programmes that support economic development across the EU.
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