quotation graphic

On 5 December 2022 the UK Government announced they intend to support the North Wales bid to access the UK Shared Prosperity Fund (UKSPF) . To read the UK Government announcement click HERE.

Its currently anticipated that delivery of the UKSPF will begin in early 2023.

The website of the North Wales councils (see below), and this page will be updated regularly as more information becomes available.

quotation graphic

Definition

The UKSPF is a central pillar of the UK Government’s Levelling Up agenda and will provide £2.6 billion of funding for local investment by March 2025.

UKSPF aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.

Find out more: Gov.uk

UKSPF: North Wales

UKSPF will be delivered across four regions, and includes the counties of Anglesey, Conwy, Denbighshire, Flintshire, Gwynedd and Wrexham.

North Wales has been allocated £126.46 million for the period up to March 2025, of which £21.84 million must be invested in raising adult numeracy levels (the 'Multiply' initiative).

Allocation

£104,622,271

Core UKSPF

£21,838,629

Multiply

£126,460,900

Total allocation

Investment Priorities and Objectives

Community and Place
  • Strengthening a sense of local pride and belonging. 
  • Building resilient, healthy and safe neighbourhoods.
Supporting Local Business
  • Creating jobs and boosting community cohesion.
  • Promoting networking and collaboration.
  • Increasing private sector investment. 
People and Skills
  • Boosting core skills and supporting adults to progress in work. 
  • Reducing levels of economic inactivity. 
  • Supporting people furthest from the labour market to overcome barriers to work.  
  • Supporting local areas to fund gaps in local skills provision. 
Multiply
  • Increasing the levels of functional numeracy in the adult population.

Find out more