The UK Shared Prosperity Fund has provided £3.5m to support Levelling Up in West Lindsey.
Introduction
The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government’s Levelling Up agenda and a component of its support for places across the UK. It provides £2.6 billion of capital and revenue funding for investment in local projects to be spent by March 2025. All areas of the UK will receive an allocation from the fund. The primary goal of UKSPF is to build pride in place and increase life chances across the UK.
The fund has three investment priorities:
- community and place
- supporting local business
- people and skills
Find out more about the UKSPF at GOV.UK.
What is the Rural England Prosperity Fund?
The Rural England Prosperity Fund (REPF) is a top-up to UKSPF, to be spent between April 2023 and March 2025. The fund supports activities that specifically address the particular challenges rural areas face. It is capital funding only and is complementary to funding used to support rural areas under the UKSPF. REPF objectives sit within the UKSPF investment priorities for:
- community and place
- supporting local business
Find out more about the REPF at GOV.UK.
UK Shared Prosperity Fund and Rural Englad Prosperity Fund in West Lindsey
We have been allocated £3.5 million to be spent by March 2025:
- £2,720,437 from UK Shared Prosperity Fund
- £795,821 from Rural England Prosperity Fund
Our allocated funding will be spent on activity that supports the objectives of both UKSPF and REPF as well as our own local priorities outlined in our Corporate Plan. We have created a UKSPF Investment Plan [pdf / 203 KB] that sets out our approach to delivering and awarding this funding.
Grants available for organisations
As part of UKSPF and REPF delivery, we have established grant funding opportunities. This includes:
- community grants
- business support grants
- employment and skills grants
Contact details
if you have a query about UKSPF please contact us by emailing:
- growth@west-lindsey.gov.uk for supporting local business queries
- community@west-lindsey.gov.uk for community and place queries
- skills@west-lindsey.gov.uk for people and skills queries