Shared Prosperity Fund

How much has the Vale been allocated?

The Vale of Glamorgan Council has been allocated a total of £14m to invest over three years from the Shared Prosperity Fund (SPF). The SPF is funded until March 2025.This fund is allocated by the UK Government through the UK Shared Prosperity Fund.

How will it be spent in the Vale?

The primary aim of the SPF is to build pride in place and increase life chances across the UK. Underpinning this aim are three investment priorities;

• communities and place;

• supporting businesses; and

• people and skills

Funding will be divided across these themes. It be allocated to a number of Council led schemes, as well as projects led by other organisations and businesses operating in the Vale of Glamorgan.

How to apply for funding

Before deciding to make an application, please read the SPF Guidance Notes to determine your project eligibility and the associated terms and conditions.

SPF Guidance Notes 

Anyone considering making an application must contact the Shared Prosperity Fund team before completing an application form, so that eligibility can be assessed at an early stage and projects can be directed to the correct application form depending on investment category (e.g: Communities & Place/ Supporting Local Business/ People & Skills) 

Funding Options

We are currently seeking SPF applications of £25,000 and over. If your project is community led and is below £25,000 we would encourage you to apply the Strong Communities Fund instead.

Strong Communities Fund

For all other projects seeking funding under £25,000, please email us summary a brief summary of your project idea and we will endeavour to support you to find an appropriate fund for your project. 

Contact Us

• sharedprosperityfund@valeofglamorgan.gov.uk