UK Shared Prosperity Fund

Posted Wednesday 11th May by Admin User

A total of £212 million has been allocated to Scotland over the next three years, to be administered by local authorities to projects across three 'investment priorities': community and place, supporting local business, and people and skills.

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The UK Shared Prosperity Fund is a UK-wide funded programme, designed to replace previous investment through European Structural Funds. A total of £212 million has been allocated to Scotland over the next three years, to be administered by local authorities to projects across three 'investment priorities': community and place, supporting local business, and people and skills. The UK Government said the fund will allow local authorities to address local priorities with more flexibility than under previous EU-administered schemes.

SFHA members carry out countless community programmes which could benefit from this financial support, especially around the 'community and place' theme. Interested members should approach their local authority contacts to discuss potential applications. All applications to the fund must be submitted before the end of July.