The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK Government’s Levelling Up agenda and will provide funding over the next 2 years up until March 2025. It's a mix of revenue and capital funding that can be used to support a wide range of interventions to build pride in place and improve life chances.
The UKSPF aims to achieve this through four investment priorities:
- Community and Place
- Supporting Local Business
- People and Skills
- Multiply (adult numeracy)
There will be 3 modes of delivery for SPF in Carmarthenshire
- Anchor Programmes
- Strategic / Standalone Projects
- Commissioned Projects
The UK Shared Prosperity Fund Prospectus provides a comprehensive overview of the fund.
Anchor Programmes are thematic programmes managed by Local Authority teams that will address major parts of the Local Investment Plan primarily by offering third party grants to organisations. The following Anchor Programmes have been approved in Carmarthenshire: