UK Shared Prosperity Fund
The primary goal of the UKSPF is to build pride in place and increase life chances across the UK.
The UK Ministry of Housing, Communities & Local Government manages the UK Shared Prosperity Fund (UKSPF). The UKSPF is based on three investment priorities which are Communities and place, Supporting local business and People and skills.
The following allocation of funding was made to Staffordshire Moorlands District Council in January 2023:
- Communities and place - £1,498,116
- Supporting local business - £1,409,663
- People and skills - £384,000
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 received approval of its submission to the Government Department for Environment Food & Rural Affairs (DEFRA) for £410,353 additional capital spend from the Rural England Prosperity Fund.
The Rural Fund has two objectives to support rural businesses and to support rural communities. Rural England Prosperity Fund can be invested in projects which will boost productivity and create rural job opportunities.
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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