UK Shared Prosperity Fund
E28077
The UK Shared Prosperity Fund is a government funding programme designed to reduce regional inequalities and support local economic growth and community development across the United Kingdom.
Aliases (1)
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
government funding programme
→
regional development fund → |
| administeredBy |
Department for Levelling Up, Housing and Communities
→
UK Government → |
| announcedBy |
UK Government
→
|
| announcedIn |
UK Spending Review 2020
→
|
| beneficiary |
businesses
→
community and voluntary sector organisations → devolved administrations → local authorities in the United Kingdom → local enterprise partnerships → |
| country |
United Kingdom
→
|
| currency |
Pound sterling
→
|
| focusArea |
communities and place
→
people and skills → supporting local business → |
| fundingMechanism |
allocations to local areas
→
|
| fundingType |
grant funding
→
|
| geographicCoverage |
England
→
Northern Ireland → Scotland → Wales → |
| hasAbbreviation |
UKSPF
→
|
| legalJurisdiction |
United Kingdom
→
|
| partOf |
UK levelling up funding programmes
→
|
| policyContext |
UK levelling up agenda
→
|
| purpose |
improve pride in place
→
reduce regional inequalities → support business growth → support community development → support local economic growth → support skills and employment → |
| relatedProgramme |
Community Ownership Fund
→
Levelling Up Fund → |
| replaces |
EU structural funds in the UK post-Brexit
→
European Regional Development Fund → European Social Fund → European Structural and Investment Funds → |
| sector |
economic development
→
public finance → regional policy → |
| startDate |
2022
→
|
| target |
employment opportunities
→
productivity growth in lagging regions → skills development → social inclusion → |
| timePeriod |
2022–2025
→
|
| website |
https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus
→
|
Referenced by (2)
| Subject (surface form when different) | Predicate |
|---|---|
|
UK Shared Prosperity Fund
("UK levelling up funding programmes")
→
|
partOf |
|
Department for Levelling Up, Housing and Communities
→
|
responsibility |