Innovate for Growth: preventing the ERDF cliff-edge
…es that rely on ERDF. Our ask UUK have proposed that a portion (£170m or 6%) of the UK Shared Prosperity Fund be ring-fenced specifically to provide funding for the continuation of university-led ERDF R&I projects across the UK to 2024-5. We believe this is a sensible solution that will allow us to continue to provide the support that is so essential to local businesses. In the longer term, a more sustainable approach to funding this work ne…