We have been allocated just over £6 million via the UK Shared Prosperity Fund (UKSPF) for use within the Dorset Council county area (excludes BCP area), with funds available until March 2025.
We have developed Investment Plans (IPs) for the UKSPF and the Rural England Prosperity Fund (REPF). The UKSPF IPs were developed through online consultation with MPs and key organisations. They outline how the funding will be used to target local priorities or in pursuit of specific, measurable goals.
Funds totalling £4.4 million will support the investment priorities of:
- communities and place
- supporting local business
- people and skills
Projects are funded or part funded by the UK government through the UK Shared Prosperity Fund.
How to apply
See more information and apply for a:
Shared Prosperity overview
The UK Shared Prosperity Fund 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
- people and skills
See the UK Shared Prosperity Fund Prospectus for more details.
There are 3 fundamental elements to the fund:
- people’s pride in the places they love
- empowered local leaders and communities
- stronger social fabric and better life chances
The mission is to enable local decision making and allow authorities to target their priorities at a local level. This will lead to improvements being made to the places where people work and live.
The aim is to focus on:
- high quality skills training
- support for economic growth in local businesses
- improving employment to increase life chances within communities
Further information
If you have any questions or require further information about the UK Shared Prosperity Fund or Rural England Prosperity Fund in Dorset, email: sharedprosperityfund@dorsetcouncil.gov.uk
Subscribe to our e-newsletter
Subscribe to the Dorset business newsletter and receive further updates on the UK Shared Prosperity Fund in Dorset and more.
