The UK Government *could* replace EU funding for anything it likes after Brexit. The real question is, do you trust them and all future governments to come to keep on doing so indefinitely? The EU is an all weather partner, not a fair weather one.
As I put it in my book: "The EU’s strength is that it protects the long-term interests of 28 countries rather than the short-term interests of one. It operates on a scale of decades, not the scant few years between elections. It doesn’t have to do foolish things to win votes."
