UK Shared Prosperity Fund
The UK Shared Prosperity Fund (UKSPF) 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 communities and place, supporting local business, and people and skills. For more information, visit the government's Shared Prosperity Fund webpage.
UKSPF in Newark and Sherwood
Newark and Sherwood District Council have been allocated £3.28m of UKSPF to support local communities and businesses over the next three years. Our planned UKSPF investment aligns to our established strategic frameworks including the Community Plan 2020-2023 (PDF File, 3,747kb) and Newark & Sherwood Economic Growth Strategy 2021-2026 (PDF File, 1,281kb). Local organisations across the district may apply for funding to support projects and programmes that align to the objectives of the fund.
All local authorities were required to submit an investment plan earlier this summer, identifying a number of proposed SPF funding interventions to support local challenges. Our local investment priorities can be found here:
How to apply
Round one is now live and is accepting applications for funding between the value of £40,000 - £250,000 per year of delivery.
Projects and programmes must be delivered in year two only (April 2023 - March 2024) or across both years two and three (April 2023 - March 2025).
Applications for delivery in year three only (April 2024 - March 2025) will not be accepted in round one.
The UKSPF NSDC Grant Funding Guidance Round 1 (PDF File, 506kb) provides further details regarding eligible applications, our priorities for investment and our appraisal process. Please ensure to read this document thoroughly before submitting an application.
To apply for round one, the following documents must be completed and submitted by email to UKSPF@newark-sherwooddc.gov.uk by no later than 17:00 Friday, 17th February 2023.
- UKSPF NSDC Grant Funding application form round one [868kb]
- UKSPF NSDC Budget and Performance profile round one [37kb]
- UKSPF NSDC People and Skills year two eligibility form [135kb] (required for People and Skills initiatives only)
- Evidence of financial standing (please see application form for further details)
Applications submitted after the deadline or in any other format will not be accepted.
For more information or any queries, please contact us by emailing UKSPF@newark-sherwooddc.gov.uk.
Please find the UK Shared Prosperity Fund Privacy Notice here: UKSPF Privacy Notice (PDF File, 121kb)
Rural England Prosperity Funding
The Rural England Prosperity Fund (REPF) supports the aims of the government’s Levelling Up White Paper, funding capital projects for small businesses and community infrastructure in order to improve productivity and strengthen the rural economy and rural communities.
The REPF is integrated with UKSPF and supports activities that address the particular challenges rural areas face. The allocation from REPF for Newark and Sherwood District Council is £891,000 to be spent in 2023-24 and 2024-25.
In order to draw down this funding, the council submitted an addendum to its UKSPF investment plan in November 2022. We are currently waiting for confirmation of the funds and will release further details of our local approach in due course.
For more information about the REPF, please consult the government's prospectus for the fund.