New round of funding to support economic growth

Round 2 of the UK Shared Prosperity Fund Dundee has now opened for applications.

Grants of between £3,000 and £75,000 are available for projects in a range of different fields which support economic growth in the city.

Areas of focus for this round include the tourism and visitor economy, supporting feasibility studies and helping to develop new products, projects, facilities and events.

Money is also being allocated to growing the local social economy, digital skills training and delivering courses for adults designed to increase confidence with numbers.

The UK Shared Prosperity Fund (UKSPF) programme aims to help reduce economic disparities between different regions and communities.

This second round of funding is an opportunity for organisations in Dundee to access funding for projects that will drive economic growth, create jobs, and improve people's lives.

Councillor Mark Flynn, convener of city development, said: "We are already seeing the impact of the first round of this funding, which was launched late last year.

“A number of grants are being offered to local organisations, Verdant Works receiving £20,000 to help deliver the International Garden Photographer of the Year exhibition being just one example.

“This new round is a fantastic opportunity for organisations in Dundee to access vital funding for projects that will make a real difference to the city and to people's lives.

“We are keen to hear from any groups with innovative ideas for projects that will create jobs, improve skills, and support economic growth."

To find out more about the Fund and to make a bid before this round’s deadline of June 2, please visit the UKSPF page on the Council website.

Another round will be launched later in 2023.

Through the UK Government’s Shared Prosperity Fund (UKSPF), Dundee City Council has been allocated £5,608,964 to invest in local projects until March 2025.

The UK Shared Prosperity Fund is a central pillar of the UK Government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.

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 https://www.gov.uk/government/publications/uk-shared-prosperity-fund-prospectus

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