UKRI Guarantee Fund
All Horizon Europe projects awarded for calls in the 2021, 2022 and 2023 Work Programmes are underwritten by the UKRI Guarantee Fund. The total budget awarded to the University of Leeds as part of the European Commission (EC) proposal is guaranteed by UKRI and converted into GBP using an exchange rate set by UKRI at the time of award.
UKRI are using two different routes to support these underwrite awards:
- Marie Sklodowska-Curie Actions (MSCA) and European Research Council (ERC) are being funded by UKRI using the Joint Electronic Submissions system (Je-S)
- Research and Innovation actions (RIA) are being funded by Innovate UK's Innovation Funding Service (IFS) portal.
More information regarding the terms and conditions for both underwrite awards can be found below: