The UK Shared Prosperity Fund 2022 to 2025 has been extended by the government from 1 April 2025 to 31 March 2026. Following the Autumn budget statement an additional £900 million across the country has been provided for local investment.
We were allocated just over £6 million via the UK Shared Prosperity Fund (UKSPF) for use within the Dorset Council county area (excludes BCP area), with funds available until March 2025.
We have developed Investment Plans (IPs) for the UKSPF and the Rural England Prosperity Fund (REPF). The UKSPF IPs were developed through online consultation with MPs and key organisations. They outline how the funding will be used to target local priorities or in pursuit of specific, measurable goals.
Funds totalling £4.4 million will support the investment priorities of:
Projects are funded or part funded by the UK government through the UK Shared Prosperity Fund.
We are pleased to offer grant funding for Business Growth and Community Projects as a part of this scheme.
See more information and apply for a:
Grants awarded from 12 December 2023 to 30 June 2024
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:
See the UK Shared Prosperity Fund Prospectus for more details.
There are 3 fundamental elements to the fund:
The mission is to enable local decision making and allow authorities to target their priorities at a local level. This will lead to improvements being made to the places where people work and live.
The aim is to focus on:
If you have any questions or require further information about the UK Shared Prosperity Fund or Rural England Prosperity Fund in Dorset, email: sharedprosperityfund@dorsetcouncil.gov.uk
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