Oral Answers to Questions

Debate between Deidre Brock and Robin Walker

Thursday 1st December 2016 Commons Chamber

[Deidre Brock (Edinburgh North and Leith) (SNP)]

Since 2014, Scottish small and medium-sized enterprises have received over €21 million in funding through Horizon 2020. What assurances can the Minister give that firms will be eligible for equivalent funding before and after 2020?

[Mr Robin Walker]

As the hon. Lady knows, the Treasury has already given strong assurances up to 2020, beyond the period of our exiting the EU. That is an important signal to SMEs, universities and others that they should continue bidding for the scheme. The current EU budget and the framework for Horizon 2020 runs only up to 2020.