UK Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) is a key part of the Government’s Levelling Up agenda, providing £2.6 billion of funding for local investment across the UK by March 2025. It replaces the previous EU structural funds and is designed to build pride in place and increase life chances for communities nationwide.

Pendle Borough Council secured a 3-year core funding allocation of £3.6 million by submitting an Investment Plan in August 2022. This plan set out how we would invest in the Fund’s three priority areas: Communities & Place, Supporting Local Business, and People & Skills.

As this initial funding period comes to a close, the UKSPF 2025–26 Transition Year marks the next phase of the programme. Running from April 2025 to March 2026, the Transition Year will continue to support the Government’s Levelling Up Missions, with a particular focus on driving economic growth across the UK. The Fund will continue to provide a mix of capital and revenue funding, supporting both new and ongoing projects aligned with the original UKSPF priorities.

You can download our original Investment Plan for more information on how funding has been allocated to date.
 

Pendle Borough Council
Total Allocation: £1,703,204
Capital: £219,024
Revenue: £1,484,180


UKSPF 2025-26 Investment Priorities

Each Priority has associated Themes and Sub Themes as indicated below:

UKSPF Priority: Communities & Place

Theme 1:

Healthy, safe and inclusive communities

Sub-themes:
  • Improve Health and wellbeing
  • Reduce crime and the fear of crime
  • Bringing communities together
  • Tackling homelessness

Theme 2:

Thriving Places

Sub-themes:
  • Development of the visitor economy
  • High streets and town centres improvements

UKSPF Priority: Supporting Local Business
Theme 1: Support for business
Sub-themes:
  • Advice and support to business
  • Enterprise culture and start-up support
  • Business sites and premises

UKSPF Priority: People & Skills
Theme 1: Employability
Sub-themes:
  • Supporting people to progress towards and into employment
  • Support for young people who are or at risk of being NEET
Theme 2: Skills
Sub-themes:
  • Essential skills (incl. numeracy, literacy, ESOL and digital)
  • Employment related skills


Allocation of funding and projects delivered from 1 August 2022 - 31 March 2025:

Organisation

Project

Intervention*

Amount

Barnoldswick Town Council

Eventful Barnoldswick

E6

£47,289

Mid Pennine Arts

Pendle Radicals

E6

£24,000

Pendle Council

Public Realm Improvements Barnoldswick

E1

£300,963

Pendle Council

Public Realm Improvements Earby

E1

£185,422

Pendle Council

Public Realm Improvements Brierfield

E1

£205,422

Pendle Council

Arts and Cultural Development

E6

£181,849

Colne Youth Action Group

Byron Road Community Hub

E9

£189,764

Newground Together

Greener Together Pendle

E9, E13, E33, E34, E35

£671,944

 

Advanced Manufacturing Research Centre – North West

Scan Digital Supply Chain Digital Demonstrator

E23

£172,077

 

East Lancashire Chamber of Commerce –

International Trade Support

E23

£55,200

East Lancashire Chamber of Commerce –

Business Decarbonisation and Net Zero

E29

£215,213

East Lancashire Chamber of Commerce –

New Low Carbon technology Product Development

E29

£150,664

Lancashire County Council

Boost Business Lancashire

E23

£305,000

Active Lancashire

Move Forward (formlerly Step Change)

E33, E34, E35

£525,495

RTC North

Manufacturing Support programme

E23

£67,999

UCLan

Leadership and Management Skills Support

E37

£54,528


*GOV.UK Interventions list for England gives full descriptive titles of the interventions listed by the letter E.

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