About the UK Shared Prosperity Fund
The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.
North Yorkshire Council has received an allocation £16.9million from the UK Shared Prosperity Fund to support programmes, projects, and activities up to March 2025.
The Rural England Prosperity Fund also supports the aims of the UK government’s Levelling Up agenda. For eligible local authorities, the Rural England Prosperity Fund is a rural top-up to UKSPF allocations and is designed to provide capital funding to improve productivity and strengthen the rural economy and rural communities.
North Yorkshire Council has received an allocation £5.4million from the Rural England Prosperity Fund to support projects up to March 2025.
For further information about the Funds, please visit the UK Government webpages:
At North Yorkshire Council, we have combined our allocations of UKSPF and REPF together to develop a series of programmes with a total value of £22.3million. These programmes provide opportunities for businesses, community groups, and other eligible organisations, to access support or funding. For more information on individual programmes and their criteria, and how to get involved, please visit Opportunities for Businesses and Opportunities for Charities and Community Organisations.
These programmes have been designed to reflect the aims and objectives set out in North Yorkshire’s UKSPF local investment plan (pdf / 2 MB). This document was approved by UK Government in November 2022 and provides the strategic framework for administering the funds.
Subsidy control
All successful applications will be required to comply with the Subsidy Control Act 2022. To make this as simple as possible, we have developed a subsidy scheme, which is intended to support the assessment of applications to the North Yorkshire UK Shared Prosperity Fund and Rural England Prosperity Fund.
The subsidy scheme will be used to determine if there is a need for additional assessment to ensure that applications for funding comply with subsidy control regulations. This does not prevent any organisation or business taking independent advice and guidance around subsidy control for their wider income sources.
Contact Us
For more information, please contact UKSPF@yorknorthyorks-ca.gov.uk