Vale of Clwyd MP Dr James Davies has welcomed news that applications are now being sought for a tranche of the £25.6m that has been awarded to Denbighshire from the UK Government.
In December the UK Government announced that the North Wales Regional Investment plan for the Shared Prosperity Fund had been approved, with
Denbighshire set to receive £25,647,958.
The Shared Prosperity Fund (SPF) will support the UK Government’s wider commitment to level up all parts of the UK by delivering on each of the levelling up objectives:
· Boost productivity, pay, jobs and living standards, especially in those places where they are lagging.
· Spread opportunities and improve public services, especially in those places where they are weakest.
· Restore a sense of community, local pride and belonging, especially in those places where they have been lost.
· Empower local leaders and communities, especially in those places lacking local agency.
Every part of the UK is receiving an allocation from the Fund, covering the three years until the end of Financial Year 2024-25.
Today, Denbighshire County Council have announced that the round is now open for Stage 1 applications for the SPF.
James said:
"I welcome the fact that applications are being sought for a tranche of the £25.6 million that has been awarded to Denbighshire from the Government’s UK Shared Prosperity Fund.
"This is one of the Government’s ‘levelling up’ schemes. It will build on the good work already carried out through the £2.9m UK Community Renewal Fund and exceeds the support that the county would have received under the European Union funding metrics.
"This investment will help local residents in the Vale of Clwyd to fulfil their potential, while reducing regional inequalities that have been left untouched for too long."
The Fund was launched on 13th April 2022, with local partners being asked to submit a three-year investment plan in the summer. Local authorities in North Wales chose to work together and submitted a strategic, regional £126.5m investment plan.
All four investment plans in Wales were validated by the Department for Levelling Up, Housing and Communities and approved in December.
To find out more about the about the fund and to apply, please visit www.denbighshire.gov.uk/uk-shared-prosperity-fund
Details of the specific themes and interventions that have been identified as part of Denbighshire Investment Plan can also be found on this page, as well as specific guidance for applicants for both local and regional projects. Projects will need to consider which of the listed Denbighshire interventions and linked outputs and outcomes they will achieve before applying to the fund.
Those requiring any further information about the fund, the approval process or wishing to discuss their proposed project, are advised to contact:
