UK Shared Prosperity Fund (UKSPF) – £212 million for Scotland

A Prospectus was published on 13 Apr 2022 for the UK Shared Prosperity Fund

gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

The UK Shared Prosperity Fund is effectively a replacement for European Funding (ESF and ERDF) and covers Scotland. The UK Government announced a Fund allocation to Scotland of £212 million for 2022-2023.

The Fund will be led by Local Authorities who will be expected to draw on the expertise of local partners including the voluntary sector, private sector, Scottish Government, Offices of the Secretary of State for Scotland, and Members of Parliament.

Investment priorities include:

  • Communities and Place
  • Supporting Local Business
  • People and Skills

The new fund also includes over £36 million for Scotland for an adult numeracy programme, Multiply, which will support people with no or low-level maths skills get back into work. The scheme will offer free personal tutoring, digital training, and flexible courses to improve adults’ confidence and numeracy skills.

The aim of this approach is to cut bureaucracy and provide far more discretion over what money is spent on. EU requirements for match funding, which impacted on poorer places, will be abolished.

To find out more

GCVS will be coordinating a briefing event so the sector can engage in shaping the Investment Plan for Glasgow.  If you are interested in further details of the event please contact us at: employability@gcvs.org.uk


 

You may also be interested in our Employability Network. The network shares information, enables collaboration, consults with organisations and ensures the third sector maximises the employability support on offer across the city. Find out more

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