Over 300 businesses sign University Alliance letter calling on Chancellor to protect âessentialâ regional innovation programmes
…acement or alternative funding route these programmes face a funding ‘cliff-edge’. Funding from the ERDF only covers part of these projects and has acted as a springboard for significant co-investment from universities and the private sector. This could result in a loss of assets, expertise, infrastructure or complete closure for said programmes, which will disadvantage regional economies and innovation ecosystems throughout the UK. It will also d…