Community groups, cultural and voluntary sector organisations and businesses are being invited to apply for a share of a £16.9m fund.
The fund will support improvements to residents’ lives and to build pride in place by addressing a range of challenges, including the future of our high streets, building a green economy and tackling the cost of living crisis.
The Government has approved the £16.9 million North Yorkshire UK Shared Prosperity Fund Investment Plan and has allocated a further £5.4 million, subject to approval, through the Rural England Prosperity Fund to support economic and social development in North Yorkshire until March 2025.
We are inviting expressions of interest from organisations to deliver projects that address issues and priorities identified in the investment plan. See details in the North Yorkshire Shared Prosperity Fund Prospectus.
The fund covers a wide range of activities and investments and is available to almost all formally constituted organisations and businesses for projects ranging from small community initiatives to larger capital projects.
We, York and North Yorkshire Local Enterprise Partnership and the county’s seven district and borough councils have worked closely on the project, which from April 1 will be administered by the new North Yorkshire Council, which will replace the eight current councils.
The North Yorkshire funding will be delivered against five themes designed to tackle challenges and priorities identified across the county. These are: addressing rurality and inequality; building pride in our places; boosting productivity; decarbonising communities and businesses; and supporting an active labour market.
Eligible organisations can submit expressions of interest at any time, but most of North Yorkshire’s funding, almost £15m, will be available in the 2024/25 financial year.
A webinar for all interested parties will be held at 3.30pm on Tuesday, 28 February. See details of how to join along with a copy of the prospectus, investment plan and expression of interest form. All inquiries should be submitted to ukspf@northyorks.gov.uk.