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UK Shared Prosperity Fund


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LATEST: The first call for UKSPF projects in North Wales is now closed.

299 applications, valued over £250m were received.

Overview of the UK Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK Government’s Levelling Up agenda and will provide £2.6 billion of funding for local investment across the UK by March 2025.

The overarching objective of the Fund is: Building pride in place and increasing life chances

The UKSPF aims to achieve this through three investment priorities:

  • Community & Place;
  • Supporting Local Business; and,
  • People & Skills (including adult numeracy)

The UK Shared Prosperity Fund Prospectus provides a comprehensive overview of the Fund and can be found at: https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

All the documentation relating to the Fund published by UK Government is accessible from: https://www.gov.uk/government/collections/new-levelling-up-and-community-investments

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How to apply

Applications for UKSPF funding in North Wales will follow a two-stage process:

  • Stage 1:  submission of outline project application
  • Stage 2:  submission of detailed project application

Local Authorities will prioritise and select projects on the basis of their stage 1 outline application.

Selected projects will be invited to prepare and submit a stage 2 detailed application, which will provide further information on the proposal.  Formal grant funding agreements will be issued following appraisal of the stage 2 detailed application.

The next steps once applications are received will be:

  1. The application will be appraised by the relevant local Shared Prosperity Fund team (projects seeking to deliver in one Local Authority area only) or the regional Shared Prosperity Fund team (projects seeking to deliver in more than one Local Authority area).
  2. Views sought form relevant stakeholders.
  3. Local Advisory Panel (or Panels in the case of projects seeking to deliver in more than one Local Authority area) will assess and prioritise the projects to hand and make recommendations to Local Authority / Authorities
  4. Local Authority / Authorities decide which projects they wish to support
  5. Applicants are advised of decision.
  6. Successful applicants are invited to prepare and submit stage 2 detailed project application
  7. Once received, stage 2 detailed project applications are appraised and final due diligence of applicants completed.
  8. Local Authority / Authorities confirm final decision on application
  9. Formal grant funding agreements issued by regional team on behalf of Local Authority / Authorities.

The timescale for decision making will vary according to the process / procedure followed be each Local Authority.  Information on anticipated timescales for each local authority is available on their website.

In submitting an application, you will authorise the Council(s) to make any necessary enquiries to check any information that is required for the administration of the UKSPF programme. The information you provide may also be shared with others as stated within the following privacy notice:

https://www.gwynedd.llyw.cymru/en/Council/Information/Datganiadau-Preifatrwydd-Gwasanaethau/UK-Shared-Prosperity-Fund-Privacy-Notice.aspx

UK Shared Prosperity Fund - Previous Updates

Contact us

For more information or to discuss your proposal please contact the relevant Local Authority / Authorities and the Shared Prosperity Fund: North Wales Team if you're looking to deliver a project across more than one Local Authority Area:

Shared Prosperity Fund: Isle of Anglesey
web: https://www.anglesey.gov.wales/en/Business/Economic-development/UK-Shared-Prosperity-Fund.aspx

Shared Prosperity Fund: Gwynedd:
web: www.gwynedd.llyw.cymru/SharedProsperityFund
e-mail: UKLevellingUp@gwynedd.llyw.cymru

Shared Prosperity Fund: Conwy
e-mail: sharedprosperityfund@conwy.gov.uk

Shared Prosperity Fund: Denbighshire
web: https://www.denbighshire.gov.uk/en/community-and-living/uk-shared-prosperity-fund/uk-shared-prosperity-fund.aspx

Shared Prosperity Fund: Flintshire
web: https://www.flintshire.gov.uk/en/Business/Town-Centre-Regeneration/UK-Shared-Prosperity-Fund.aspx

Shared Prosperity Fund: Wrexham
web: https://www.wrexham.gov.uk/SharedProsperityFund

Shared Prosperity Fund: North Wales:
web: www.SharedProsperityNorth.Wales
e-mail: enquiries@SharedProsperityNorth.Wales

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