UK Shared Prosperity Fund

Surrey Heath Borough Council is receiving up to £1,000,000 of UK Shared Prosperity Funding (UKSPF) from the UK Government for local investment by March 2025.

The UKSPF is a central pillar of the UK government’s Levelling Up agenda. The Fund aims to improve pride in place and increase life chances across the UK, investing in communities and place, supporting local business, and people and skills. For more information, visit the UK Shared Prosperity Fund prospectus on the GOV.UK website (external link).

This fund will enable a number of important economic development and regeneration initiatives to be accelerated. These will include enhancements to local green spaces, local arts, cultural, heritage and creative activities, sports, business support and networks and workspace schemes. Employment support, development and promotion of the visitor economy and support to decarbonisation will also be funded. All ensuring the borough continues to be a great place to live and invest in.

The funding programme runs between March 2022 and 31st March 2025. The funding was split between the three financial years.

Funding breakdown

Projects completed or due for completion by Surrey Heath Borough Council as a result of the UK Shared Prosperity Fund:

• captioned performances for the Camberley Theatre Pantomime
• funding for walking sports within Surrey Heath
• Business Support Programme
• new business network and pop-up shop
• Frimley Lodge Park trim trail
• Lightwater Country Park trim trail
• Camberley Theatre website upgrade
• children’s business fair
• What I Love About Where I Live
• Camberley Comedy Festival
• Albert Road Playground
• events across Surrey Heath
• support for volunteers
• tourism/marketing promotions
• supporting businesses
• SME decarbonisation project

Further projects will be updated accordingly upon completion.