Information about UK Shared Prosperity funding (UKSPF) and Rural England Prosperity Funding (REPF) for King’s Lynn and West Norfolk
West Norfolk Shared Prosperity Funding
The Borough Council of King’s Lynn and West Norfolk has secured UK Shared Prosperity Funding (UKSPF) and Rural England Prosperity Funding (REPF) for delivery across the Borough until March 2025. Collectively the two funds sit under the banner of West Norfolk Shared Prosperity Funding.
The Borough Council of King’s Lynn and West Norfolk is the lead local authority for investing UKSPF and REPF across the Borough.
UK Shared Prosperity Funding (UKSPF)
The UK Shared Prosperity Fund (UKSPF) is for local investment until March 2025. The programme targets funding to build pride in place, support high quality skills training, support pay, employment and productivity growth, and to increase life chances. Further information on UK Shared Prosperity Funding can been found here UKSPF Prospectus.
To secure UK Shared Prosperity Funding the Borough Council, working closely with local stakeholders, identified priority areas of need and opportunity across the borough and incorporated these findings into the establishment of the West Norfolk Investment Plan. This then formed the basis of the bid to secure £1,836,407 UKSPF revenue and capital for investment across King’s Lynn and West Norfolk over a three-year period until March 2025.
This funding will be invested across a programme of approved projects which include grant programmes, direct investment and partnership working.
Rural England Prosperity Funding (REPF) in West Norfolk
Rural England Prosperity Funding (REPF) is a top up to UKSPF and provides additional funding to enable lead local authorities to address the particular challenges that rural areas face with an investment intention to improve productivity and strengthen the rural economy and rural communities.
The Borough Council of King’s Lynn and West Norfolk has been successful in securing £1,496,455 REPF capital funding for delivery of schemes across rural West Norfolk from the period of April 2023 - March 2025. The Rural England Prosperity Fund addendum for rural West Norfolk was developed as an additional document to the West Norfolk Investment Plan to guide local delivery of Rural England Prosperity Funding and was submitted to DEFRA to secure the local funding allocation.
This funding will be used to address needs and provide opportunities for West Norfolk’s rural areas through the provision of approved projects which include competitively awarded grants for rural communities and businesses and the direct funding of active travel improvement projects, all of which will deliver local solutions to address identified areas of need.
All projects within the UKSPF and REPF investment programmes align with the Investment Priorities inherent to the UKSPF and REPF programmes.
