EU monies drawn down by the UK form part of the funding mix for economic development. They include grants and loans from European Structural and Investment Funds (ESIF) and investments made by the European Investment Bank Group (EIBG).
They contribute to a wide-range of spending: some are accessed directly by businesses; others help to fund business support services, part-fund town and city-centre regeneration projects or contribute to local investment funds. In the event of a no-deal Brexit, it is the policy of the UK government to end the UK’s membership of the European Investment Bank Group and to replace ESIF (which cover the main EU monies directed at business and the economy) with a post-Brexit ‘UK Shared Prosperity Fund’. The details of UKSPF are still to be consulted on.
To know in the event of a no-deal Brexit
UK organisations receiving funding from the EU:
Specific funding programmes with funding guarantees:
UK Government summary on European and Domestic Funding after Brexit. https://www.gov.uk/guidance/european-and-domestic-funding-after-brexit
Detailed briefings for each fund. https://www.gov.uk/find-eu-exit-guidance-business?keywords=&eu_uk_government_funding%5B%5D=receiving-eu-funding&eu_uk_government_funding%5B%5D=receiving-uk-government-funding
HM Treasury have published guidance on what will happen to EIB Group financing if there is no Brexit deal. https://www.gov.uk/government/publications/european-investment-bank-group-financing-if-theres-no-brexit-deal/european-investment-bank-group-financing-if-theres-no-brexit-deal
In the event of a no-deal Brexit:
UK Government summary on public-sector procurement after Brexit https://www.gov.uk/guidance/public-sector-procurement-after-brexit
European Commission notice to stakeholders in field of public procurement https://ec.europa.eu/info/sites/info/files/file_import/public_procurement_en.pdf