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UK SHARED PROSPERITY FUND (UKSPF)

The UK Shared Prosperity Fund (UKSPF) is a new three-year fund running from 2022/23 that replaces European Structural and Investment Funds. The South Yorkshire UKSPF allocation totals £46.2m, made up of £7.3m Multiply and £38.9m “Core” UKSPF. South Yorkshire Mayoral Combined Authority (SYMCA) will administer UKSPF for South Yorkshire’s four local authority areas.

The purpose of the UKSPF is to build pride in place and increase life chances across the UK, this will be achieved through three UKSPF priorities:

  • Communities and Place
  • Local Business Support
  • People and Skills

SYMCA need to produce a regional UKSPF Investment Plan, setting out our local priorities over the next three years. To support the development of our plan, we would like to engage with a wide range of local stakeholders from the private, public, community and voluntary sectors to get your input on how the funding should be spent and how you could support delivery in the period from 2022 to 2025.

We will be hosting UKSPF webinars during June. The first webinar will focus on information sharing and providing a route for feedback.

A recording of each session will be made available following the session below.


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