Scottish Borders UK Shared Prosperity Fund 2022-2025 is now closed for applications to the Community & Place, Supporting Local Business, People and Skills and Multiply strands.
The aim of the UK Government SPF was to support the levelling up of all parts of the UK. Its purpose was to boost productivity, pay, jobs and living standards as well as improve public services, restore sense of community and empower communities.
Background
Local authorities across the UK were given the task of planning and delivering investment within the following four investment priorities of:-
- Community and Place
- Supporting Local Business
- People and Skills
- Multiply
The UK Government announced in December 2022 that the Scottish Borders had been successful in securing just over £5m for three years to the end of March 2025.
Local authorities had discretion to deliver SPF through direct award, open grant funding, commissioning, procurement of service provision or in-house provision.
UK Government has intimated that one year transitional funding will be available in 2025/26 at a much reduced level but no information is available as yet with regard to priorities or how this funding is to be administered by Local Authorities on behalf of UK Government. Information is expected to be available in Spring 2025.