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UK Shared Prosperity

In April 2022, the UK Government launched the UK Shared Prosperity Fund (UKSPF) as a central pillar of the Government’s Levelling Up agenda.

It will provide £2.6 billion of funding for local investment across the UK 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.

The UKSPF will support the UK government’s wider commitment to level up all parts of the UK by delivering on each of the levelling up objectives:

  • Boost productivity, pay, jobs and living standards by growing the private sector, especially in those places where they are lagging
  • Spread opportunities and improve public services, especially in those places where they are weakest
  • Restore a sense of community, local pride and belonging, especially in those places where they have been lost
  • Empower local leaders and communities, especially in those places lacking local agency

This will be achieved through three UKSPF Pillars which are:

Pillar 1: Community and Place

Strengthening our social fabric and fostering a sense of local pride and belonging and building resilient and safe neighbourhoods.

Pillar 2: Supporting local business

Creating jobs and boosting community cohesion, promoting networking and collaboration and increasing private sector investment in growth-enhancing activities.

Pillar 3: People and Skills

Boosting core skills and supporting adults to progress in life and work, including targeted offers responding to local needs and for adults with no or low-level qualifications, and from disadvantaged backgrounds.

For further information, visit the West Midlands Combined Authority UKSPF Investment Plan:

West Midlands Combined Authority UKSPF Investment Plan

The West Midlands Combined Authority's investment plan for distribution of UKSPF funds across the region.
UKSPF Tender Opportunity

UKSPF Tender Opportunity

Don’t miss out on an exciting opportunity to help shape Dudley Borough! We are inviting providers of services for the following broad themes to submit tenders, as part of a Dynamic Purchasing System: • Communities and place • Supporting local businesses • People and skills. This project is being delivered through the UK Shared Prosperity Fund (UKSPF), as part of the levelling-up agenda.

Multiply

Multiply is a new government-funded programme to help adults across the UK to brush up their numeracy skills and boost their number confidence. It is an element of Pillar 3, People and Skills, within the UK Shared Prosperity Fund, to which up to £559m of the £2.6bn total UKSPF has been allocated by government to local areas.

Funding for the Multiply adult numeracy programme will run across all three years, from April 2022 to March 2025.

Dudley Council will develop and implement planned projects to achieve a common goal – to improve the borough in education, employment opportunities and long term physical regeneration of Dudley to strengthen our social fabric and foster a sense of local pride and belonging through investment in activities that enhance physical, cultural and social ties and access to amenities such as community infrastructure and local green space, as well as community led projects working with partners and key stakeholders.

For more information please visit:

UK Shared Prosperity Fund Prospectus

Read about the aims of the UKSPF, what funding local authorities and their partners will receive and how those funds will be spent.

Levelling Up White Paper

Levelling up is a programme involving government at all levels throughout the United Kingdom. The White Paper outlines plans to spread opportunity more evenly throughout the country.

Multiply Prospectus

Information to support investment plans to deliver the Multiply adult numeracy programme.

Contact us

For more information, please contact us.