UK Shared Prosperity Fund

(asked on 30th November 2020) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government when they expect the pilot projects funded through the UK Shared Prosperity Fund will begin; what criteria will be used to select these pilots; and which (1) priority groups, and (2) geographic areas, the Fund will target.


Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 14th December 2020

The UK Shared Prosperity Fund (UKSPF) will help to level up and create opportunity across the UK?for people and?places


Funding for the UKSPF will ramp up so that total domestic UK-wide funding will?at least match receipts from EU structural funds, on average reaching around £1.5 billion per?year.?Its funding profile will be set out at the next Spending Review


To help local areas prepare over 2021-22 for the introduction of the UKSPF, the Government will provide?£220 million?additional funding to support our communities to pilot programmes and new approaches. This funding will be delivered UK-wide. Further details will be published in the New Year.

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