UK Shared Prosperity Fund (UKSPF)

The aims of the programme

Logos for Birmingham City Council, UK Government, Levelling Up, and West Midlands Combined Authority.

The Birmingham City Council UKSPF programme is funded by the government’s UK Shared Prosperity Fund (UKSPF).

The UKSPF is a central pillar of the government’s levelling up agenda and provides £2.6 billion of funding for local investment by March 2025. The fund aims to improve pride in place and increase life chances across the UK by investing in communities and place, supporting local business, and people and skills.

The levelling up objectives are to:

  • boost productivity, pay, jobs and living standards by growing the private sector, especially in places where they are lagging
  • spread opportunities and improve public services, especially in places where they are weakest
  • restore a sense of community, local pride and belonging, especially in places where they have been lost
  • empower local leaders and communities, especially in places lacking local agency

Read the government’s UK Shared Prosperity Fund prospectus

Page last updated: 5 December 2023

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