Senedd Cymru Finance Committee’s Parliamentary inquiry on post-EU funding arrangements
Summary of contents
We responded to the Senedd Cymru Finance Committee’s inquiry on Post-EU funding arrangements. Our main messages were that the UK Shared Prosperity Fund (UKSPF) must support research and innovation to secure sustainable regional growth.
Any shortfall in research and innovation regional development funding in Wales or other UK nations and regions compared to funding levels before EU exit which is not met by UKSPF should be replaced from other funds to ensure that the UK research and innovation landscape does not suffer; and the Welsh Government must work with the UK Government in continuing to push for association to Horizon Europe.