On 13 April 2022, the Department for Levelling Up, Housing and Communities published more detail on how the UK Shared Prosperity Fund (UKSPF) will work, replacing EU structural funding.
East Devon has been allocated £1,796,363 over a three year period, which can only be unlocked upon submission of an Investment Plan which is signed off by both the council and the government.
Our Investment Plan was submitted on 22 July 2022, following approval from Cabinet on 13 July 2022. We are expecting the government to make a decision on our bid in the coming weeks.
Our Investment Plan contains twelve interventions, based on new and existing schemes to be delivered either locally or collaboratively with other local authorities in Devon:
- Action on Poverty Fund
- Active Travel Fund
- Business Support Programme
- Disability Employment Support Programme
- East Devon Council for Voluntary Service
- East Devon Culture Programme
- East Devon Leisure Programme
- East Devon Towns Feasibility Work
- NEET Employment Support Programme
- Net Zero Innovation Fund
- Retrofit Programme
- Sustainable Tourism Fund
Local authorities from across the Devon are actively exploring ways to align our interventions, to identify areas for collaboration where greater benefits for residents may be delivered better across a wider geography.
A Local Partnership Group of local stakeholders was established to help inform the types of interventions to be included within the Investment Plan.
A Panel of East Devon councillors was also set up to provide guidance and oversight.
To learn more about this scheme and our Investment Plan, please contact our Economic Development team.
Rural England Prosperity Fund
On 3 September 2022, DEFRA announced a new Rural England Prosperity Fund, replacing EU LEADER and Growth programme funding.
East Devon has been allocated £854,298 of capital funding, acting as a top-up to our UKSPF allocation.
To access our allocation, we submitted an addendum to our UKSPF Investment Plan on 10 November 2022. We are expecting the government to make a decision on our bid in January 2023.