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UK Shared Prosperity Fund

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3. Funding for Exeter

We have been allocated £1.4 million through the UK Shared Prosperity Fund (UKSPF) over a three year period (2022/23 to 2024/25).  UKSPF Additional Information was published August 2022.

The £1.4m funding allocation for Exeter, is broken down to the following years

2022/2023

  • Capital (10%): £17,037.30
  • Revenue (90%): £153,335.70
  • Total: £170,373

2023/2024

  • Capital (18%): £63,540.00
  • Revenue (82%): £277,207.00
  • Total: £340,747.00

2024/2025

  • Capital: To be confirmed by DLUHC
  • Revenue: To be confirmed by DLUHC
  • Total: £892,757

The total allocated fund is £1,403,877.

Exeter projects have been developed under one of three themes: Communities and Place, Supporting Local Business, and People and Skills. People and Skills projects will commence 2024/25.