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Find similar grantsUK Shared Prosperity Fund (UKSPF) Business Growth and Productivity Grants is sponsored by Newark and Sherwood District Council. Grants to support micro and small enterprises in Newark and Sherwood to improve productivity, enter new markets, launch new products, or implement new processes.
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UK Shared Prosperity Fund | Newark & Sherwood District Council UK Shared Prosperity Fund Information on the UK Shared Prosperity Fund and the Rural England Prosperity Fund. In 2022, the UK government announced plans to provide £2. 6 billion of funding for local investment as part of a three-year UK Shared Prosperity Fund (UKSPF).
The UK government’s Autumn Budget in 2024 announced a further £900 million to extend the programme until 2026. The fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills. For more information, visit the government's Shared Prosperity Fund webpage .
Newark and Sherwood District Council has been allocated £1. 35m of UKSPF to support local communities and businesses in 2025 and 2026. Our planned UKSPF investment aligns to our established strategic frameworks including our Community Plan and the Economic growth strategy 2021 - 2026 .
The funding will continue to support the delivery of a number of local priority projects, as well as access to grant funded opportunities for local businesses and community organisations.
Rural England Prosperity Fund In November 2022, we submitted an addendum to our UKSPF investment plan, which enabled us to secure an additional £891k of capital funding, available to eligible rural authorities as a ‘top-up’ to UKSPF through the Rural England Prosperity Fund (REPF) . A further £33 million was announced in the UK government’s Autumn Budget in 2024, extending the REPF lifetime by a year.
Within this, Newark and Sherwood was allocated £267,000, which will be used for a Rural England Prosperity Fund Grant Scheme. The funding will deliver a variety of capital projects until March 2026 which will support the rural economy and improve access to social, physical and economic opportunities for rural people.
According to the current listing, eligibility includes: Micro and small enterprises located in Newark and Sherwood, trading for at least 12 months, with no more than 50 full-time equivalent staff. Confirm the full requirements in the official notice before applying.
The current listing shows £2,500 - £10,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
UK Shared Prosperity Fund (UKSPF) Business Growth and Productivity Grants is funded by Newark and Sherwood District Council. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.