Shared Prosperity Fund
Overview
We were allocated £12.6m from the Government's Shared Prosperity Fund for activity until March 2025 divided into three broad themes:
- Community and Place
- Supporting Business
- People and Skills - which included Multiply, the Government's adult numeracy programme
The Cheshire West and Chester SPF Investment Plan, which was developed in line with government guidance and in partnership with local stakeholders. set the priorities for how this resource would be used locally. This plan was approved by the Department for Levelling Up, Housing and Communities (DLUHC) on 6 December 2022.
Transition Year (2025-26)
In the Autumn Budget 2025, the Government announced some additional funding, as a transition year, would be made available for one year to extend the programme. On 13 December, it was confirmed that the allocation for Cheshire West and Chester would be £3,646,047 and a new technical note (Gov.UK) was issued setting out revised guidance on use of the funding.
We are reviewing this information and will be publishing further details of proposals in the New Year.