UK Shared Prosperity Fund (UKSPF)
Overview
The UK Shared Prosperity Fund will provide £2.6 billion of funding for local investment by March 2025.
The Fund aims to improve life for residents across the UK by investing in three themes:
- communities and place
- supporting local business
- people and skills
The Government's UK Shared Prosperity Fund (UKSPF) Prospectus provides detailed information, including:
- the types of projects it supports
- how it operates
- the bidding process
For more information about the fund see:
- GOV.UK: UK Shared Prosperity Fund
- GOV.UK: UKSPF: interventions, outputs and indicators
- GOV.UK: UKSPF: outputs and outcomes definitions
If you have further questions, email business@southtyneside.gov.uk.