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UK Shared Prosperity Fund
Bradford district have been allocated £7.5 million from the UK Shared Prosperity Fund (UKSPF) as part of West Yorkshire's core allocation.
The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government's Levelling Up agenda and a significant component of its support for places across the UK. It provides £2.6 billion of new funding for local investment by March 2025. It replaces European Structural and Investment Funds (ESIF) such as the European Regional Development Fund (ERDF) and the European Social Fund (ESF).
West Yorkshire has been allocated £83,054,057 from the UK Shared Prosperity Fund. This is split into:
- 'Core' funding of £68,002,877
- Multiply funding of £12,483,679.
- Rural England Prosperity Fund £2,567,501.
The West Yorkshire Combined Authority (WYCA) is the Lead Authority for managing UKSPF in West Yorkshire, working in partnership with the five Local Authorities including Bradford. For more information please see WYCA's website.
Bradford Council has set out seven key themes under which funding will be delivered:
- Culture is Our Plan
- Community Infrastructure and Volunteering
- Vulnerable Young Adults
- Circular Economy
- Entrepreneurial Support
- Landscape and Conservation with Communities
- Equality Creating Opportunity
Information regarding upcoming calls and tenders will be published on this page.
For more information join our mailing list or contact: UKSPFenquiries@bradford.gov.uk.
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