On January 1, 2021, the United Kingdom left the European Union (Brexit). It means that the UK left the EU's single market and customs union. This has caused a direct negative impact for European private companies and public authorities. In order to mitigate this impact, the European Union has created the Brexit Adjustment Reserve (BAR). The fund serves to provide financial support to businesses, organizations and public bodies negatively impacted by Brexit.
Applications for grants can be submitted until July 1, 2023 or until the allocated funds are exhausted.