UK Shared Prosperity Fund for Thriving Communities Partnership
The UK Shared Prosperity Fund (UKSPF) serves as a key initiative in the UK government's Levelling Up agenda, aiming to provide £2.6 billion for local investment by March 2025. Through this fund, areas across the UK will focus on enhancing productivity, spreading opportunities, restoring community connections, and empowering local leaders and communities. Each place will receive a conditional allocation and be required to submit measurable outcomes in an investment plan. The timeline includes submission deadlines and approval processes to access the funding.
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UK Shared Prosperity Fund Thriving Communities Partnership 13th June 2022 OFFICIAL - SENSITIVE
UK SHARED PROSPERITY FUND The UK Shared Prosperity Fund (UKSPF or the Fund) is a central pillar of the UK government s ambitious Levelling Up agenda and a significant component of its support for places across the UK. It provides 2.6 billion of new funding for local investment by March 2025 Places will be empowered to identify and build on their own strengths and needs at a local level, focused on pride in place and increasing life chances The aims of the Fund The UKSPF 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 by growing the private sector, 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 OFFICIAL - SENSITIVE
UK SHARED PROSPERITY FUND three UKSPF investment priorities OFFICIAL - SENSITIVE
UK SHARED PROSPERITY FUND All places across the UK will receive a conditional allocation from the UKSPF. 22 22- -23 2,050,116 2,050,116 619,843 619,843 23 23 23- -24 4,100,231 4,100,231 1,239,687 1,239,687 24 24 24- -25 10,742,605 10,742,605 3,247,980 3,247,980 25 Total Total 16,892,952 16,892,952 5,107,510 5,107,510 North Yorkshire North Yorkshire York York Capital Revenue Split 2022/23 - 10% minimum Capital Delivery 2023/24 - 13% minimum Capital delivery 2024/25 - 20% minimum Capital delivery To access their allocation, each place will be asked to set out measurable outcomes that reflect local needs and opportunities. These interventions will be set out in an investment plan submitted to the UK government for approval. Investment plan submissions window: 30 June 2022 to 1 August 2022 First payments expected to lead local authorities: from October 2022 Funding period: April 2022 to March 2025 OFFICIAL - SENSITIVE
UK SHARED PROSPERITY FUND North Yorkshire Investment Plan Timeline UKSPF - INVESTMENT PLAN FOR NORTH YORKSHIRE (TIMETABLE) June July w/c 4th w/c 11th w/c 18th w/c 25th w/c 6th w/c 13th w/c 20th w/c 27th Investment Plan Submission to UK Govt Draft Investment Plan Produced - 10/06 Final Investment Plan produced - 07/07 Submit Investment Plan to UK Govt - 22/07 Submission window closes - 01/08 Papers to prepare by 01/07 (for NYCC Executive on 19/7) NYCC Executive (sign-off) - 19/07 NYCC Executive NYCC Approvals (Chief Executive Officer; Section 151 Officer; Leader) NYCC Approvals Local Partnership Group - 16/06 Submit - Final Investment Plan - 07/07 Local Partnership Group (sign-off) - 14/07 Local Partnership Group MP Liaison Group (sign- off) - 04/07 MP Liaison Group MP Liaison Group - 06/06 LEP Business Board - 06/06 LEP Business Board LEP Skills & Employability Board LEP Skills & Employability Board - 14/07 Communities & Place tbd tbc tbc tbc tbc tbc tbc tbc tbc Stakeholder Engagement - Priority Theme Webinars (23/6 & 24/6 (x2)) Stakeholder Engagement (Priority Theme Webinars) Steering Group Steering Group - 13/06 Steering Group - 27/06 Steering Group - 11/07 OFFICIAL - SENSITIVE
UK SHARED PROSPERITY FUND Investment Plan Contents 1. Local Challenges and Opportunities for each investment priority 2. Interventions for each investment priority 3. Approach to Delivery and Governance 4. Capacity and Capability 5. Approvals OFFICIAL - SENSITIVE
Challenges Opportunities - Interventions Communities and Places E9/E11/E12/E15: Volunteering, capacity building, community engagement and community facilities. Community based capacity building and wealth creation programme developed (yr1/yr2/yr3) Demography ageing population Strong culture and heritage assets Rurality isolation/accessibility Strong volunteering and community activity built up around Covid 19 Issues and challenges within our town centres E1/E8/E15: Town centres and visitor campaigns Towns and Places fund established (all years) Build on pilot projects Areas of multiple deprivation (In lowest 25%) Interventions Opportunities Challenges Programmes Build on outcomes of energy CRF programme Food and fuel poverty on increase. E3/E7/E10: Green spaces, active travel and sports Establish an Active and Healthy Communities fund (All years) Creativity and innovative models of delivering services Loss of local services Community wealth building approach to encourage social action E13/E2: Reduce cost of living and community resilience Develop an energy and climate resilience programme (developed from CRF) (yr 2 and 3) Health inequalities and health, wellbeing and disability issues Raise capacity within communities Develop locality based culture and heritage support programme (yr 2 and 3) Role of community anchors/CSOs E4/E6: Culture, heritage, arts and creative activities Digital isolation Opportunities for Young people E14: Feasibility Studies Feasibility fund established (yr1 and 2) Climate change and decarbonisation OFFICIAL - SENSITIVE
Local Business Support - Challenges Opportunities Interventions Low productivity and a widening productivity gap Build on successful programmes E31: Feasibility studies Feasibility studies fund programme (yr 1/2/3) Target on areas, types and sectors of business Low wage economy E23/E24/E30: Start ups, training, business support offers and measures Enhanced Growth Hub and Business support offers. (Yr 1/2/3) Rurality delivering across rural areas Raise productivity Create higher paid/quality jobs Supply chain issues Build on existing structures/networks and offers Interventions Challenges Opportunities Programmes Small business grants/voucher programme (yr2/3) Business skills E26: Local social economy Well being and health within the workforce Develop further innovation and Rand D through good research asset base E16/E17: Town centre retail, service sector and visitor economy Community business and community wealth building programme (linked to communities and places) (yr 1 feasibility/yr2/yr3) Needs of community and social enterprises Community wealth building approach to develop community enterprise Businesses and towns impacted by Covid 19 E28/E22: Export, trade, infrastructure and innovation Sector opportunities Low levels of export and inward investment Town Centres and Visitor Economy Support programme established. (Yr 2/3) Reshape our visitor, town centre and hospitality sector E18/E19/E20/E21: Innovation, and Research and development Poor infrastructure in parts of North Yorkshire Attract new investment, jobs and increase export opportunities Low take up of R&D Innovation and R&D programme (Yr 2/3) E29/E32: Decarbonisation and resilience Developing a greener/fairer and stronger economy Resource efficiency/resilience and decarbonisation of businesses Investment and trade programme Yr 2/3) Business resilience, decarbonisation and resource efficiency programme (yr 2/3) OFFICIAL - SENSITIVE
People and Skills - Challenges Opportunities Interventions Lack of participation in learning and work Tried, tested and successful community delivery models E33: Inactives Wrap around key worker support programme for inactives (yr 1,2,&3) E38: Tech and vocational training New employment/sector opportunities Low take up of level 3 qualifications and declining numbers in adult education Ageing population Recruitment issues E39: Green Skills E40: Retraining for those in high carbon sectors Well developed skills and training provider networks Sector specific Pre bootcamps programme (yr3) E41: Local digital skills Challenges Programmes Opportunities Interventions Build on existing well developed skills and training provider networks E37: Barriers to accessing education and training Health, well being and disability issues In work support and progression programme (yr3) E34: Basics skills Community wealth building approach to develop skills and employment opportunities Rurality delivering across rural areas E35: Volunteering Lack of employer engagement and understanding of benefits of training/skills support E36: Digital Inclusion Improve progression routes from entry level to higher level skills/training Targeted young people programme 14-24 years (yr2&3) Lack of appropriate adult provision eg bitesize, modular Deficit of high skilled employment Community based Information, Advice and Guidance (IAG) programme (yr3) Digital and technical skills gap Lack of accessible and timely IAG for inactives and those in work OFFICIAL - SENSITIVE
Timeline for Programmes Building capacity, local pride, empowering our communities, raising productivity for a Greener, fairer, stronger North Yorkshire Business and Community Feasibility Study programmes developed Establish and launch further Business programmes/offers Skills and people programmes commissioned Establish locality community programmes Expansion of programmes launched in 2023. Feasibility into creation of a community wealth programme undertaken Year 1 (2022/23) 2m Year 2 (2023/24) 4m Year 3 (2024/25) 10m Launch Active and Healthy fund Enhance business support offer. Develop specifications for future offers. Full delivery of funding and support programmes Launch Towns Fund Launch Heritage and culture fund Support Vol com sector with gap funding. Commission specifications for further programmes OFFICIAL - SENSITIVE
Engagement, Delivery and Governance Engagement. So far Steering Group wide range of organisations involved. Small Workshops Mixed group one for each of the Investment priorities NY MPs group Voluntary and community sector meeting LEP Board/Skills Board and Business Board Network meetings. Partnership Board membership Representatives from the lead local Local businesses and investors Business support providers or representative Local partnership boards and strategic bodies where relevant Regional representatives of arms-length bodies of government where appropriate Prominent local community & faith organisations Voluntary, sector social enterprise and civil society organisations, including Third Sector Interface Groups in Scotland Rural representatives unless there are no rural communities within the area Engagement. Next Partnership Board (first meeting 16th June) Wider Webinars one for each Investment priority Thriving Communities Partnership LEP sub Boards Further discussion groups. OFFICIAL - SENSITIVE
GOVERNANCE North Yorkshire Shared Prosperity Fund Board Overall management of Fund. Strategic oversight. Supporting local Business People and Skills Advisory Groups and Partnerships Oversee investment priority. Communities and Place Sub Board Strategic direction. Sub Board (Existing LEP Skills Board) Formulate and agree programme specifications. Sub Board (Existing LEP Business Board) Locality groups Delivery Partners Delivery Partners Delivery Partners Programme delivery Projects OFFICIAL - SENSITIVE
Discussion Points Challenges Do these feel right? Opportunities Do these feel right? Any specific Interventions that you see as a priority? How do you see the role of this partnership? OFFICIAL - SENSITIVE
