04/04/2023 - Permalink

UK Shared Prosperity Fund opens for applications

Related topics: Economic growth / Partner organisations

A new window for applications for the UK Shared Prosperity Fund (UKSPF) opened this week. It will be for activity that delivers between July 2023 and March 2025.

This will focus on two priorities: supporting local businesses, and community and place.

Under the supporting local business priority, the council is seeking applications for projects from intermediary organisations to deliver support to businesses, for example through business support initiatives or grant programmes, ie one to many. It is not a call that will support individual grant requests from businesses for their own benefit.

Under the community and place priority, the council is once again seeking applications from intermediary organisations to deliver support, services, amenities or facilities to local communities. This could include community and place initiatives or grant programmes, ie one to many.

Projects under this priority must deliver a positive impact on their community, and the call will support applications that can clearly demonstrate this.

All projects under both calls must start within six months of 1 July 2023, and all outputs and outcomes must be delivered by 31 March 2025.

The minimum bid thresholds are £100,000 for activity relating to supporting local business, and £60,000 for activity relating to community and place.

Organisations have until Friday 12 May 2023 at 5pm to apply.

All prospective applicants are encouraged to refer to further details on how to apply, particularly the eligibility criteria. All the necessary documentation is available here:

https://www.investinshropshire.co.uk/relocating-and-investing/uk-shared-prosperity-fund/

Dean Carroll, Shropshire Council’s Cabinet member for growth, regeneration and housing, said:-

“We are extremely excited to be able to offer Shropshire’s UKSPF funds through this open call for proposals, and we are looking forward to being able support a range of projects and programmes that will have a true positive impact to all communities within the county.”

Further opportunities for applying for UKSPF funds will be announced in due course, including details on how the people and skills elements of the funds will be delivered.

If you have any queries or wish to speak with a member of the team in more detail, please email ukspf@shropshire.gov.uk.