We are here to support, promote and develop voluntary and community action in Middlesbrough

UK Shared Prosperity Fund

We have have had a number of enquiries about the UK Shared Prosperity Fund, so we thought it might be helpful to blog what we have learnt about this fund so far.

Main points:

  • The £2.6 billion fund succeeds the EU Structural Funds from 2022 until 2025
  • The fund can be matched with other government funds such as the Levelling Up Fund
  • The Lead Authority for the Tees Valley is the Tees Valley Combined Authority

The 3 priorities are:

  • Communities and Place
  • Support for Local Businesses
  • People and Skills

Under the Communities and Place heading:

  • Strengthening our social fabric and fostering a sense of local pride and belonging, through investment in activities that enhance physical, cultural and social ties and amenities, such as community infrastructure and local green space, and community-led projects.
  • Building resilient, safe and healthy neighbourhoods, through investment in quality places that people want to live, work, play and learn in, through targeted improvements to the built environment and innovative approaches to crime

Interventions of interest to the sector:
E6: Support for local arts, cultural, heritage and creative activities.
E9: Funding for impactful volunteering and/or social action projects to develop social and human capital in local places.
E11: Investment in capacity building and infrastructure support for local civil society and community groups.
E12: Investment in community engagement schemes to support community involvement in decision making in local regeneration.
E13: Community measures to reduce the cost of living, including through measures to improve energy efficiency, and combat fuel poverty and climate change.
E15: Investment and support for digital infrastructure for local community facilities.

The Local Development Agencies in the Tees Valley (MVDA, RCVDA, Catalyst, TVCA and HartlePower) are working together to make the case for investment in the Voluntary and Community Sector.

Graphic showing the priorities for the UK Shared Prosperity Fund

 

 

 

 

 

 

 

 

 

 

https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus/uk-shared-prosperity-fund-prospectus

UK Prosperity Fund allocations

         
   

UKSPF

Multiply

Total

 

Population

per head of population

North of Tyne1

 

£47,085,061

£4,128,607

£51,213,668

 

816000

£62.76

Gateshead

 

£11,634,466

£1,169,621

£12,804,087

 

201950

£63.40

South Tyneside

 

£8,868,632

£810,389

£9,679,020

 

152793

£63.35

Sunderland

 

£14,936,161

£1,641,730

£16,577,891

 

277733

£59.69

County Durham

 

£30,830,618

£1,169,621

£12,804,087

 

527035

£24.29

Tees Valley2

 

£42,725,676

£3,631,629

£46,357,305

 

700000

£66.22

North Yorkshire

 

£16,892,952

£2,667,945

£19,560,897

 

824054

£23.74

               

1

Newcastle upon Tyne, North Tyneside and Northumberland

2

Darlington, Hartlepool, Middlesbrough, Stockton on Tees and Redcar & Cleveland

 

We will add more information as the situation develops.