Guarantee for UK beneficiaries extended

03 October 2018 - Published by Anne Sofie Forfang

The UK Government has decided to extend its guarantee for UK beneficiaries participating in EU programmes such as the North Sea Region Programme. The guarantee is valid for projects approved before the end of 2020.

In practice, this means business as usual until the end of the current programming period.A lot of the uncertainty regarding the immediate consequences of Brexit for projects currently operating under the North Sea Region Programme can thus be put to rest. Also,  applicants can continue to develop projects beyond the point the UK leaves the EU. 

Find more information

This document from the UK Government provides an overall description of the guarantee.

Extension of the guarantee by the HM Treasury