UK Shared Prosperity Fund

UK Shared Prosperity Programme 2022-25

The Scottish Borders UK Shared Prosperity 2022-2025 programme was introduced by UK Government in December 2022.  Its aim was to support the levelling up of all parts of the UK to boost productivity, pay, jobs and living standards as well as improve public services, restore sense of community and empower communities.

Local authorities across the UK were given the task of planning and delivering investment within the four investment priorities of Community & Place; Supporting Local Business; People & Skills and Multiply.  Scottish Borders secured just over £5m for three years and the programme closed on 31st March 2025.  

A list of the projects funded can be viewed here

UK Shared Prosperity Programme 2025-26

Scottish Borders were advised in December 2024 that, following the change in central government, a one year transitional UK Shared Prosperity programme would delivered in 2025-26.  Local Authorities will again be given the task of planning and delivering investment and Scottish Borders has been awarded just over £1.7m. 

Information on the new programme can be viewed here.

The programme will focus investment in the 3 priorities of: -

  • Community & Place
  • People & Skills
  • Supporting Local Business
     

Local authorities again have discretion to deliver SPF through direct award, open grant funding, commissioning, procurement of service provision or in-house provision.

UK Shared Prosperity Fund is now open to Expressions of Interest. The Expression of Interest form is available from our website.

If you have any questions or comments regarding the UK Shared Prosperity Fund, you can get in touch with one of our Officers via email.

View the Shared Prosperity Fund documents