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Participating in regime Not participating
Ratified Not yet ratified1
Austria Germany2 Croatia
Belgium Cyprus Poland
Bulgaria Czech Republic Spain
Denmark Greece
Estonia Hungary
Finland Ireland
France Romania
Italy Slovakia
Latvia
Lithuania
Luxembourg
Malta
The Netherlands
Portugal
Slovenia
Sweden

1 nonparticipating until they ratify
2 will ratify once preparatory steps complete

Section TBC Paris Seat Munich Section
President’s Office
(C) Chemistry, metallurgy (D) Textiles, paper
(E) Fixed constructions
(G) Physics
(H) Electricity
 (F) Mechanical engineering, lighting, heating, weapons, blasting
Value of proceeding Ceiling for recoverable costs
Up to and including €250,000 Up to €38,000
Up to and including €500,000 Up to €56,000
Up to and including €1,000,000 Up to €112,000
Up to and including €2,000,000 Up to €200,000
Up to and including €4,000,000 Up to €400,000
Up to and including €8,000,000 Up to €600,000
Up to and including €16,000,000 Up to €800,000
Up to and including €30,000,0000 Up to €1,200,000
Up to and including €50,000,000 Up to €1,500,000
More than €50,000,000 Up to €2,000,000

Talent

SECTION 4 - Talent

Although home to some of the world’s leading academic institutions, in recent years MSc and PhD programmes in the UK have been disproportionately populated by overseas students. Without Government intervention, the UK will likely become a less attractive destination for overseas students from the EU and, potentially, elsewhere. Unless this structural issue is addressed, the flight of talent elsewhere is likely, which will have an adverse impact on centres of academic excellence. If academic institutions are unable to attract the best talent, leading academics and PhD candidates will relocate to leading institutions overseas.

Filling the MSc and PhD pipeline with home-grown talent will be a five to ten year project. In the meantime, the Government will need to step in with a series of measures enabling universities to continue to attract overseas students, maintaining their PhD pipelines whilst, at the same time, incentivising sufficient UK students to enrol on MSc courses so that, in due course, they begin to populate the UK PhD community.

Talent

NON FLUSH HERO

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If academic institutions are unable to attract the best talent, leading academics and PhD candidates will relocate to leading institutions overseas.

Those measures should include long-term funding incentives for UK students, including subsidising their UK tuition costs. In the shorter-term, the Government should also provide gap funding for prospective overseas MSc and PhD students in strategically important fields and relaxing the requirement for overseas students to provide proof of savings to meet their living costs. This will enable UK universities to maintain their academic excellence, by populating their programmes with the best overseas talent whilst UK students progress through the academic system.

Separately, the Government needs to address the deficit of homegrown talent in the tech sector. Creating a pool of prospective employees and business owners is a pre-requisite for the UK to become a hotbed for new tech enterprises. Education in schools and associated career advice should have an increased focus on entrepreneurialism and starting a business should be presented as a fulfilling and realistic option.

The points-based immigration system that the Government has introduced is likely to be a barrier to overseas talent relocating to the UK to fill vacancies in the tech sector and start their own new businesses. The Government should relax the minimum salary requirements for overseas applicants for jobs in the tech sector. It should also exempt medium and large sized tech companies from paying the Immigration Skills Surcharge on visas which costs companies £1,000 per employee each  year (on top of all the associated legal, Home Office and appointment fees for visa applications).

Filling tech sector vacancies with home-grown talent will require a ramp up of the availability of conversion degrees for graduates from non-computing backgrounds to develop coding or software engineering expertise. These courses can cost between £5,000 – £10,000, which is out of the reach of most graduates. Furthermore, start-ups do not have the cash or the time to train up staff – instead their business models involve buying in talent. Government can bridge the gap, by offering grants or long-term low or no interest loans, to incentivise graduates to undertake conversion degrees and providing financial incentives to tech start-ups to employ and train up staff.