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UK Shared Prosperity Funding

Information about the UKSPF and the Levelling Up agenda

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What is UK Shared Prosperity Funding and how does it benefit King’s Lynn and West Norfolk?

The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government’s Levelling Up agenda and provides funding for local investment up to March 2025. The programme of investment seeks to target funding where it is most needed: to build pride in place; support high quality skills training; support pay, employment and productivity growth; and to increase life chances.

The Borough Council of King’s Lynn and West Norfolk is the lead local authority for investing UKSPF across the Borough and through working with stakeholders in identifying areas of need and opportunity in the local area, developed the West Norfolk Investment Plan which was submitted in August 2022 to secure the £1,836,407 UKSPF allocation for West Norfolk for delivery over a three-year period.

Confirmation of the Year 1 allocation, with indicative allocations for Years 2 and 3 was received from UK Government in December 2022. The Council has approved the commencement of a framework of projects which will deliver local solutions to address identified areas of need.

Further information on UK Shared Prosperity Funding can been seen on the UKSPF Prospectus.

What is the West Norfolk Investment Plan and how will UKSPF be invested locally?

The West Norfolk Investment Plan was developed to guide the effective localised delivery of UK Shared Prosperity Funding across King’s Lynn and West Norfolk.

Evidence and analysis of local opportunities and challenges were collated, and stakeholder engagement was undertaken, to identify valuable priorities for investment across West Norfolk. These are summarised in the following diagram.

WNSPF investment plan

Our evidence base and rational priorities for King's Lynn & West Norfolk can be seen in the UKSPF Investment Plan.

West Norfolk Investment Plan

UK Shared Prosperity Funding aims to benefit the whole borough by spreading opportunities to create a sense of community, pride and belonging. This map shows the range of eligible areas.

The priorities from the West Norfolk Investment Plan are aligned with the three investment priority areas for UK Shared Prosperity Funding:

  • Communities and place
  • Local Business
  • People and Skills

Each of these areas has and will continue to be used as a framework for local investment, aligning directly back to local priorities within the West Norfolk Investment Plan. The diagram below indicates the Intervention areas for UKSPF investment for West Norfolk:

Wnspf inervention areas

What could the local benefits of UKSPF investment be?

  • Organisations receiving non-financial support
  • Local events or activities supported
  • Volunteering opportunities supported & created
  • Feasibility studies supported
  • Increased footfall
  • Increased visitor numbers
  • Increase in visitor spending
  • Energy efficiency measures
  • Carbon dioxide equivalent reductions
  • Improved perception of facilities
  • Entrepreneurs provided assistance to be enterprise ready
  • Tourism, Culture or heritage assets created or improved
  • Jobs created
  • Jobs safeguarded
  • New enterprises created as a result of support
  • Enterprises supported
  • Enterprises with improved productivity