UK Shared Prosperity Fund

The UK Shared Prosperity Fund has provided £3.5m to support Levelling Up in West Lindsey.

Introduction

The UK government has set out an ambitious plan for change, focussed on 5 national Missions: ambitious, measurable, long-term objectives that provide a driving sense of purpose for the country.

The UK Shared Prosperity Fund (UKSPF) proactively supports Mission-delivery: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.

The UK government’s Autumn Budget (2024) announced a further £900 million of funding for local investment by March 2026. All areas of the UK are receiving a further allocation of UKSPF.

The fund has three investment priorities:

  • communities 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 the UKSPF, to be spent between during 2025/26. The fund supports activities that specifically address challenges rural areas face. It is capital funding only and is complementary to funding used to support rural areas under the UKSPF. 

Find out more about the REPF at GOV.UK.

UK Shared Prosperity Fund and Rural England Prosperity Fund in West Lindsey

We have been allocated £1,078,668 to be spent by March 2026:

  • £539,974 from UK Shared Prosperity Fund Capital
  • £300,000 from UK Shared Prosperity Fund Capital
  • £238,694 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.

Community grants available for organisations

As part of UK Shared Prosperity Fund and Rural England Prosperity Fund delivery, we have established community grant funding opportunities.

Visit our Grants and funding page for details about our available funds.

Bespoke Business Support available for West Lindsey based businesses

As part of the 2025/26 UK Shared Prosperity Fund delivery we are pleased to continue offering businesses across the district 121 support from one of the UKs most respected business experts.

Visit our Business services and support pages for details on how to access this fully funded support.

Shop Front Improvement Scheme

UK Shared Prosperity Fund will support delivery of our building improvement schemes. Providing grant assistance for tenanted or empty shops located within eligible areas.

Visit our Shop Front Improvement Scheme page to find out more. 

Contact details

if you have a query about UK Shared Prosperity Fund please contact us by emailing: