The UK Shared Prosperity Fund (UKSPF) is a new three-year fund running from 2022/23 that replaces European Structural and Investment Funds. The South Yorkshire UKSPF allocation totals £46.2m, made up of £7.3m Multiply and £38.9m “Core” UKSPF. South Yorkshire Mayoral Combined Authority (SYMCA) will administer UKSPF for South Yorkshire’s four local authority areas.
The purpose of the UKSPF is to build pride in place and increase life chances across the UK, this will be achieved through three UKSPF priorities:
- Communities and Place
- Local Business Support
- People and Skills
You can find out more information, including a series of UKSPF webinars and FAQs on our dedicated UK Shared Prosperity Fund page.