UK Shared Prosperity Fund and Rural England Prosperity Fund

Find out how we're using £4.6 million of government funding to make Central Bedfordshire an even greater place to live, work, and learn.

Delivering for your community

Over the coming months, we’ll be using the UKSPF and REPF funding to:

We’ll provide updates about how we’re investing our allocation of UKSPF and REPF money.

Latest news

Over £290,000 boost for our communities

£240,000 Boost for Central Bedfordshire Communities

Local economy to get £2 million boost for business support

£260,000 to boost local community projects

Council set to deliver £4.6 million investment in Central Bedfordshire

Making a real difference

Outcomes we’re expecting to see from the funding include:

  • improved town centres, community facilities and shared green spaces 
  • local organisations improving their cultural offering and communities enjoying the associated health and wellbeing benefits
  • hundreds of new and existing businesses, including those in rural areas, increasing efficiency, developing new products and services, increasing exports, and becoming more energy efficient
  • local people learning new skills, including in the green economy, to help them get better jobs or start their own businesses

Background

The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.

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.

Find out more on GOV.UK

Contact

If you would like further information about business support available through UKSPF and REPF, email: ukspfbusinesssupport@centralbedfordshire.gov.uk.

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