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  1. North Yorkshire County Council
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UK shared prosperity fund

Get information about the shared prosperity funding available in North Yorkshire.

The UK Shared Prosperity Fund is a central pillar of the 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 country, investing in communities and place, supporting local business, and people and skills. You can find out more in the UK Shared Prosperity Fund prospectus on the government website. 

North Yorkshire has potentially been awarded £16.9m to invest in people and businesses across the county.

The fund has three investment priorities:

  • communities and place
  • supporting local business
  • people and skills

We received approval for  our initial investment plan (pdf / 2 MB) in late December 2022, and since then we have been working on our prospectus for distribution of the funds to eligible projects. The Local Partnership Group has met three times, and a project team has been established.

Over the course of this first financial year, activity has already been undertaken to deliver local community development, support for town centre activity, visitor economy promotion and carbon reduction programmes throughout the county.

Rural Prosperity Fund

The Rural England Prosperity Fund is a further fund that has been included in the UK Shared Prosperity Fund. You can find out more in the Rural England Prosperity Fund prospectus on the government website. This is a capital funding programme targeted at rural areas and settlements and will need to be applied for together with the UK Shared Prosperity Fund application form. Our Rural England Prosperity Fund investment plan will be available after approval from the government.

Multiply

Through the UK Shared Prosperity Fund, funding has also been allocated for the adult numeracy programme Multiply for which North Yorkshire has been allocated £2.6m up to March 2025. The overall objective of the Multiply programme is to increase the levels of functional numeracy in the adult population across the country. At a national level, the programme aims to increase adult participation in numeracy courses, increase the number of adults achieving maths qualifications (up to, and including, Level 2) and improve labour market outcomes.

You can read more information in our  Multiply investment plan (pdf / 973 KB) or by watching a recording of our online briefing session about Multiply.

How to apply

Expressions of interest are welcomed. Please read our UK Shared Prosperity Fund prospectus for further detail and guidance on how to apply for grant funding:

Find out more

We held two live webinars in February which you can watch as well as reading the presentation slides:

If you would like to receive updates for UK Shared Prosperity Fund funding opportunities please email us at ukspf@northyorks.gov.uk. Not all themes will be available immediately. Please refer to the prospectus for details.