About THE SHARED
PROSPERITY FUND

The government’s central mission to level up the whole of the United Kingdom

As part of the UK Government’s Levelling Up agenda, Cornwall and Isles of Scilly has been allocated £137 million for local investment through the Shared Prosperity Fund. This new approach to investment is designed to empower local leaders and communities, so they can make a real difference on the ground where it’s needed the most.

The UKSPF supports the UK government’s wider commitment to level up all parts of the UK by delivering on each of the levelling up objectives:

  • Boosting productivity, pay, jobs and living standards by growing the private sector
  • Spreading opportunities and improve public services
  • Restoring a sense of community, local pride and belonging
  • Empowering local leaders and communities.

Our Three Investment Priorities

ONE:
Community and place

To us, ‘Good Growth’ means moving towards a net zero economy where jobs pay at least the Real Living Wage and strong communities allow everyone to start well, live well and age well.

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TWO:
Support for local businesses

To help unlock economic prosperity in every sector our Good Growth model will improve local opportunities by investing in infrastructure, industry and training.

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THREE:
People and skills

To bring our Good Growth ambitions to life we need to significantly shift our skills system. Not only will this improve productivity and grow the economy, it will give people the career and salary progression opportunities they should be able to access.

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What the Fund means for us





Business innovation, vibrant creativity, outstanding environment and career opportunities are spread across Cornwall but equality of opportunity to access them are not. The Shared Prosperity Fund is the opportunity to change that, to give everyone in Cornwall and the Isles of Scilly the chance to prosper. We will deliver this through Good Growth.

  • Nurturing local business and organisations characterised by their growing social and environmental responsibility
  • Facilitating expansion and increased investment in our green economy and high potential sectors
  • Empowering vibrant communities and a better way of life by creating skills and employment opportunities that will enable everyone to live longer, healthier lives and earn real living wages in careers of their choice.

Discover funding opportunities

FIND OUT HOW WE CAN LEVEL UP

About

Our Good Growth Approach

Our goal is to engage communities, nurture local talent, and create sustainable, year-round employment opportunities.


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About

CURRENT FUNDING OPPORTUNITIES

See what opportunities are available for you or your organisation to get involved with the UK Shared Prosperity Fund. 


Find out more & apply

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