Cost of Living Support Icon

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 local business; and 

  • people and skills

Funding will be divided across these priorities. It will 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 relevant SPF Guidance Notes and further information to determine your project eligibility and view the associated terms and conditions. Details relating to each priority can be accessed by clicking the links below;


Communities and Place  

The Shared Prosperity Fund for Communities and Place projects is now fully allocated and applications are now closed.


Supporting Local Business

People and Skills/ Multiply





Other Funding Options

For additional funding options for Community projects, including projects under £25,000, please see;

Strong Communities Fund



For additional funding options for Business projects, such as Start Up Grants, please see;

Vale Business Start-Up Bursary