The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government’s ambitious Levelling Up agenda and a significant component of its support for places across the UK. It provides £2.6 billion of new funding for local investment by March 2025.
South Staffordshire Council has been allocated £3.8 million to support revenue schemes and capital projects, the fund will end in March 2025.
The council has allocated £2.6 million of its UKSPF funding to support with the continuation of existing schemes which provide vital support to the people and businesses of the area.
In September 2022, the government announced the launch of the Rural England Prosperity Fund (REPF), in addition to the £2.6 billion of UKSPF funding, a further £110 million will be delivered by eligible local authorities to support rural businesses such as farms, wedding venues and pubs. The Funding will be invested in projects which will boost productivity and create rural job opportunities.
South Staffordshire Council has been allocated £489,391 to support the rural community and business infrastructure, the fund will end in March 2025.
£1.7 million of funding is currently unallocated. The council will seek applications from organisations in due course to support in the delivery of projects focused on delivering interventions set out in the investment plan.
Further information on our procurement process can be found in our UKSPF prospectus.