UK Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) proactively supports delivery of the UK Government’s five national missions: pushing power out to communities, with a focus to help kickstart economic growth and promoting opportunities in all parts of the UK.

It provided £2.6 billion of funding for local investment by March 2025. For more information, visit UK Shared Prosperity Fund Prospectus.

Our North Ayrshire UKSPF Investment Plan sets out what North Ayrshire Council will do with its UKSPF allocation.

In the Autumn Budget in October 2024, the UK Government announced an additional year of funding. This includes a North Ayrshire allocation for the development of a competitive grant scheme under the Communities and Place investment priority.

The UKSPF Community and Place Grants will help communities deliver projects that will support Healthy, Safe and Inclusive Communities, and Thriving Places.

This will be achieved by supporting projects that deliver at least one of the following:

• improve health and wellbeing
• reduce crime and the fear of crime
• bring communities together and tackle homelessness
• develop of the visitor economy
• high streets and town centres improvements

The Council will awards grants between £5,000 and £25,000 in 2025 to 2026 to eligible organisations. Grants will support activities which deliver the UKSPF objectives. The Grant can support one element of a larger project, including projects which are already underway.

The total award must be spent in full by 31st March 2026.