West Berkshire Council to receive £1m for Shared Prosperity Fund
West Berkshire Council is set to receive an allocation from the UK Shared Prosperity Fund.
The funding, of £1m, will be used to deliver projects that fall under the three priorities of the scheme – communities and place; supporting local business; and people and skills.
The district council is also due to receive a £674,525 allocation for the Department for Education’s ‘Multiply’ programme in order to improve the numeracy skills of adults, which will be led by the Adult Community Learning team.
West Berkshire Council leader Lynne Doherty (Con, Speen), said: “We are pleased to have been provisionally notified on our allocation of the UK Shared Prosperity Fund to help level-up opportunities for local residents and businesses.
“We have lots of ideas on how to tackle geographical inequalities across the district to focus on improvements that build on the pride we have of our local area and increase life chances.”
The UK Shared Prosperity fund is a £2.6bn pot of funding which is to be distributed to local authorities across the UK to invest in levelling up the country through local interventions.
It also includes a £559m adult numeracy programme, Multiply, which is targeted at those aged 19 and over who have not previously attained a GCSE Grade 4/C, SCQF Level 5 or higher mathematics qualification or equivalent.
In order for the council to draw down this conditional funding it will be working with local public, private and voluntary representatives to produce an investment plan for each fund.
Mrs Doherty added: “Our next step is to now focus on working with partners detailing how we can collaboratively deliver the objectives of the fund to achieve the best possible outcomes for West Berkshire.”
It hopes for projects to begin as early as winter 2022, extending on until 2025.