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UK Shared Prosperity Strategic Fund 2025-2026

The UK Shared Prosperity Fund (UKSPF) is a central pillar of the UK government’s agenda and a significant component of its support for places across the UK.

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 UKSPF proactively supports Mission-delivery: pushing power out to communities everywhere, with a specific focus to help kickstart economic growth and promoting opportunities in all parts of the UK.

The UK government’s Autumn Budget announced a further funding for local investment by March 2026.

For 2025-26, existing interventions have been mapped out into Mission-led themes across the three priority areas: Communities and Place; Support for Local Business; and People and Skills.

UKSPF investment priorities and the government’s Missions 2025 -2026

UKSPF investment priorities and the government’s Missions 2025 -2026

The aim of the UKSPF extension year is to provide a smooth transition from the existing UK Shared Prosperity Fund SPF programme to a new, future funding framework.

Successful projects UK Shared Prosperity Strategic Fund 2025-2026