UK Shared Prosperity Funds (UKSPF)

Contents

1. Overview
2. Who can apply
3. Types of projects that could get funding
4. How to submit a bid
5. Assessment and timeline
6. Successful projects

Overview

South Tyneside has been provisionally allocated £8.8m of UK Shared Prosperity Funds (UKSPF) by Government over the next three years (2022 / 2023, 2023 / 2024 and 2024 / 2025).

UK Shared Prosperity Funds are the £2.6bn UK-wide successor to European Structural and Investment Funds (such as ERDF and ESF) and will run for 3 years.

UKSPF is closely linked to Government aims around Levelling Up and the recent Levelling Up White Paper.

To access this allocation, South Tyneside Council is working on a Local Investment Plan, which will highlight:

• our priorities
• key programmes and projects
• associated outputs and outcomes

The plan has to be submitted to Government by Monday 1 August 2022.

As part of this role, the Council is asking for projects to come forward that meet our local, and the national UKSPF, aims.

For more information on the types of projects we are looking for, and how to apply, see:

• Types of projects that could get funding
• How to submit a bid

Key themes

There are three key themes of the fund:

• Supporting local business
• Communities and place
• People and skills

What the fund aims to do

The fund aims to:

• Build pride in place
• Increase life chances across the UK

More information about the fund

For full details about the fund, go to: 

• GOV.UK: UK Shared Prosperity Funds
• GOV.UK: UKSPF Interventions, Outputs and Indicator

If you have further questions, email funding@southtyneside.gov.uk.

Next page: Who can apply