UK Shared Prosperity Fund
The UK government has set out an ambitious plan for change, focused on 5 national Missions: ambitious, measurable, long-term objectives that provide a driving sense of purpose for the country.
The UK Shared Prosperity Fund (UKSPF) proactively supports Mission-delivery: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.
The UK government's Autumn Budget announced further funding for local investment by March 2026.
For Staffordshire Moorlands, UKSPF has three priority areas:
· Communities and Place £631,059
· Support for Local Business £286,060
· People and Skills £280,900
Total UKSPF allocation 2025/26: £1,198,019
Rural England Prosperity Fund for 2025/26 £123,087
The funds will be allocated within Staffordshire Moorlands in three main ways:
1. Procurement which must comply with the Council's procurement regulations. Open procurements can be found on current tender opportunities page.
2. Direct spend by Staffordshire Moorlands District Council
3. Award of grants through a competitive grant process
The Staffordshire Moorlands UKSPF Investment Plan was submitted in August 2022 as below:
SMDC UKSPF Investment Plan (PDF, 176 KB)
A UKSPF Board has been established to oversee the delivery of UKSPF in Staffordshire Moorlands.
The Rural Fund
The Council has also received £123,087 additional capital from the Rural England Prosperity Fund.
The Rural Fund is managed alongside the UKSPF allocation and overseen by the UKSPF Board.
Contact us
Enquiries on Staffordshire Moorlands UKSPF and Rural England Prosperity Board can be sent to UKSPF@Staffsmoorlands.gov.uk
Businesses may wish to sign up to Our business newsletter to receive monthly updates on UKSPF and other funding for business.
Background
Background to the approval for the Staffordshire Moorlands District Council UKSPF can be seen in the below Committee reports:
13th July 2022 - Service Delivery Overview & Scrutiny Panel
29th July 2022 - UK Shared Prosperity Fund, Cabinet Delegated Decisions
July 2024 Growth & Economy Committee update on business support / UKSPF grants
More Information on Rural England Prosperity Fund
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