Following the Finance and Resources Committee meeting on 7th May 2025, the UK Shared Prosperity Fund is now fully allocated. As a result, no further application rounds will be opened this financial year.
The UK Government has set out an ambitious plan for change, focused on 5 national Missions: ambitious, measurable, long-term objectives that provide a driving sense of purpose for the country.
The UK government’s Autumn Budget announced a further £900 million of funding for local investment by March 2026. All areas of the UK are receiving a further allocation of UKSPF - helping places take advantage of the Fund’s flexibility and plan now for delivery from April 2025. Aberdeen City Council have been allocated £2,346,857 for financial year 2025/26.
Please note funding must be spent and activity delivered by 31st March 2026.
There are three distinct priorities within the UK Shared Prosperity Fund:
1. Communities and Place.
2. Supporting Local Business.
3.People and Skills.
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