Government opens £2.5bn post-Brexit funding scheme for charities

The Shared Prosperity Fund is open for charities and businesses to collaborate with local authorities

(Hugh Hastings/Getty Images)
(Hugh Hastings/Getty Images)

Charities have been urged to team up with local councils and businesses to apply for more than £2.5bn in funding.

The government today revealed more information about how it plans to allocate money to local communities over the next three years through the UK Shared Prosperity Fund.

The SPF is intended to replace funding lost when the UK left the European Union, although critics have previously pointed out that the funding will not reach that level until 2024/25.

About £1.6bn will be spent from the SPF in England between 2022 and 2024, the government said, with Scotland getting £200m, Wales £585 and Northern Ireland £130m.

The government said in a statement that priorities for funding could include work to regenerate high streets, address antisocial behaviour or help people into good jobs.

The money will be made available to mayors, devolved administrations and councils, which will then lead local partnership groups working with groups including “prominent local community and faith organisations” and “voluntary, social sector enterprise and civil society organisations”, the guidance says.

The government said local partnership groups will also need to show they have “actively reached out to MPs” to gain their support for any plans.

Ministers have long promoted the SPF as central to the government’s levelling up agenda, which it says will direct more resources to regions of the UK previously overlooked for funding.

Michael Gove, the secretary of state for levelling up, said the SPF meant “empowering those who know their communities best”.

Charities are expected to work with partners on investment plans to June and July, before sending the plans to the government for sign-off at the start of August.

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