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UK Shared Prosperity Fund (UKSPF)

The government announced that we have been allocated £9.193m from the UKSPF to fund local projects. In addition, we will receive £2.127m from the government’s Multiply programme to support adults to improve their numeracy skills. In total, we will receive £11.32m over three years.

Our investment priorities

The primary goal of the UKSPF is to build pride in place and increase life chances. The fund will improve the place people live in, and support individuals and business. 

The investment plan will focus on three priorities:

  1. Communities and place
  2. Supporting local businesses
  3. People and skills

What's next?

Our next step is to submit an investment plan by 1 August 2022 to be approved for the funding.

To help inform and develop our investment plan, we held a of workshops in June to provide further details about the UKSPF process and criteria.

To request a copy of the presentation slides shown at the sessions, please email ukspf.programme@leicester.gov.uk

More information

Read more about the UKSPF at GOV.UK.

Please note

All the above information may be subject to change upon receiving further government guidance.