The UK Referendum – June 2016

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The UK Referendum – June 2016

The Directors and staff of KITE are disappointed at the result of the UK vote to leave the EU. We strongly believe that UK membership of the EU and access to its innovation ecosystem is of significant benefit to the growth of the knowledge-based economy that is the future of wealth creation in this country.

The vote to leave the European Union (EU) does not mean there will be any immediate material change to the UK’s participation in EU programmes such as Horizon 2020.

More than two-thirds of KITE’s portfolio of projects are coordinated by client organisations from outside the UK. Therefore, although this news is not pleasing, the expertise of our team remains in high demand and there are no obstacles to our continued work with EU academic and industry coordinators and partners in securing funding from the H2020 Framework Programme.

Our services continue without interruption and we remain fully committed to supporting research teams from across Europe and the UK in preparing bids for submission to H2020.

Looking ahead, KITE anticipates that UK research sector involvement in H2020 will continue in the long-term, possibly in a form similar to other non-EU member countries such as Switzerland and Israel. This will only become clearer following implementation of Article 50 of the Lisbon Treaty which foresees a two-year negotiation process between the UK and other Member States, during which time the terms of the UK’s exit from the European Union will be decided.