Introduction
What is the UK Shared Prosperity Fund (UKSPF)?
The UKSPF is a key part of the UK government’s efforts to support local communities. It initially provided £2.6 billion in funding for local investment between April 2022 and April 2025. UKSPF aims to build pride in place, support skills training, improve pay and productivity, and increase life chances. It is designed to enable local decision-making and prioritise the needs of individual communities.
In September 2022, the UK government also announced a top-up to UKSPF specifically for rural areas, the Rural England Prosperity Fund (REPF). It provided capital grants to community groups and businesses in rural areas between April 2023 and April 2025.
In the 2024 Autumn Budget Statement, the UK Government confirmed that UKSPF and REPF would be extended for a further 12 months (until April 2026).
North Somerset Council is the Lead Authority for North Somerset’s allocation of the core UKSPF and REPF.
North Somerset’s allocation
North Somerset Council was allocated £2,516,852 as part of UKSPF between April 2022 and April 2025. The council also received £442,000 worth of funding for REPF during this period.
For the UKSPF extension year, North Somerset Council has been allocated £823,378 for UKSPF and an additional £132,766 local allocation for REPF.
Projects
Click on the links below to learn more about each Year’s projects and see the eligibility criteria for funding opportunities.
North Somerset Council is required to collect and hold information about their projects funded by the UKSPF. This includes the personal data of those benefiting from the projects, such as National Insurance Numbers and postcodes. This is to help assess project performance and impact on the local area.
How will is the Fund being used?
There are three Investment Priorities under UKSPF, within which sit a series of sub-themes. These sub-themes help us identify what types of projects to fund.
North Somerset Council consulted with local stakeholders to decide on the best interventions for the local area, and came up with the following:
