Ever wonder where the UK government puts money to support local projects? The UK Shared Prosperity Fund (UKSPF) is that answer. It’s a big pot of cash meant to help communities get better services, jobs, and a stronger economy. While most of the money goes to towns and regions in the UK, the fund also backs projects that involve partners abroad – especially in Africa.
The UKSPF replaces older grant schemes and focuses on three core goals: improving health, creating jobs, and building resilient communities. Local authorities, charities, and even private firms can apply for money if they have a clear plan that meets these goals. Applications are judged on impact, value for money, and how well they involve the people they’re meant to help.
One key feature is the emphasis on "shared prosperity" – that means projects must show how they lift everyone, not just a few. For African partners, this creates space for joint programmes that bring UK expertise and local knowledge together. Think of a health clinic built with UK medical training and African staff, or a renewable‑energy project that cuts emissions in both continents.
If you’re part of an NGO, a local council, or a business in Africa, the UKSPF can be a game‑changer. Here’s why:
To tap into the fund, start by mapping local challenges that line up with the three UKSPF priorities. Then, look for a UK organization willing to co‑apply. Many UK charities already have a track record of working with African groups, so reaching out to them can speed up the process.
Keep an eye on the fund’s annual calls – they usually open in the spring. Applications are competitive, so a solid proposal with clear outcomes, a realistic budget, and community backing stands the best chance.
Bottom line: the UK Shared Prosperity Fund isn’t just a UK thing. It’s a bridge that can connect resources, ideas, and people across continents. If you have a project that can improve health, create jobs, or make a community more resilient, it’s worth exploring how the UKSPF could help you turn that idea into reality.
FinTech North's Pitch & Present Masterclass in Leeds focuses on enhancing public speaking skills, especially for women and diverse professionals. Backed by the UK Shared Prosperity Fund, it seeks to foster an inclusive environment by addressing growth barriers and promoting collaboration. This initiative aims to empower individuals within the FinTech, Tech, and Financial Services sectors.
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