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.
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.
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