Mr. Thomas Hunter McGowan:

We facilitate and Horizon 2020 has been something in which we have been involved actively from the start. We are a keen facilitator simply because we are in the position of having two partners in circumstances where three are necessary to get a Horizon 2020 project off the ground. We have been very successful over the years. The percentage of successful companies going through Horizon 2020 North-South is higher than the European average and has consistently been that way including during its predecessor, FP7. However, if the British exit means there is no further involvement in Horizon 2020, that may come to an end in 2020 or slightly beyond that. There is obviously also the option that it could continue. It is not necessarily the case that it will end at any particular time. Currently, it continues apace and has been a very important source of funding for research for many companies. We have an active portfolio of researchers across the island of Ireland and into Europe to get the right connections to get people to collaborate on Horizon 2020. The Co-Innovate fund is possibly the first and last we will be involved in where we get funding for a particular project. Details of that will be released later in June.