I don't doubt there are funds in the UK, but so far it's been far more common to rely on the EU for projects that require a longer or more nebulous time horizon

I don't doubt there are funds in the UK, but so far it's been far more common to rely on the EU for projects that require a longer or more nebulous time horizon, with little or no payback. You only need to look at startup funding: http://ftalphaville.ft.com/2016/06/24/2167618/the-risk-to-uk-startup-funding-after-brexit/ http://ftalphaville.ft.com/2016/06/24/2167618/the-risk-to-uk... And you realize there will be repercussions for funding and endowments too.