UK Shared Prosperity Fund
The High Peak UKSPF programme ended on 31st March 2026.
Details of the funding received, and our original investment plan can be found below.
Further details of the projects delivered, grants awarded and projects supported can be found via the links on the right-hand side and at the bottom of this page.
Background & Overview
UKSPF funding was awarded from central government over a period of four years spanning 2022-2026. The funding was allocated in two separate rounds:
The first allocation, direct from the Ministry of Housing, Communities & Local Government, covered the period 2022-2025, with High Peak Borough Council receiving £2,132,814*
Funds were allocated to deliver activity across three priority areas, with direct investments made as follows:-
- Communities and Place £997,897
- Support for Business £806,941
- People and Skills £245,945
In 2025-2026, The UK Shared Prosperity Fund was distributed by the East Midlands Combined County Authority (EMCCA), with High Peak Borough Council allocated a total of £986,229*. £898,698 UKSPF plus an additional £87,531 capital provided directly by EMCCA.
This final allocation was used to reinforce activity across the same three priority areas:-
- Communities and Place; £615,452
- Support for Local Business £295,777
- People and Skills £35,000
*inc Management & Administration costs for UKSPF & REPF delivery
The programme was delivered through:-
1. Open Procurement
2. Direct spend by High Peak Borough Council
3. Award of grants through a competitive grant process
The High Peak UKSPF Investment Plan was submitted in August 2022 as below. HPBC UKSPF Investment Plan (PDF, 114 KB)
A UKSPF Board was established to oversee the delivery of UKSPF in High Peak.
The Rural Economy Prosperity Fund
In addition to the core UKSPF funding, High Peak Borough Council were also allocated Rural England Prosperity Funding (REPF) to support our rural areas.
The High Peak Rural Fund ended on 31st March 2026.
For 2023-2025, the Council received £375,453 additional capital spend from the Department for Environment, Food & Rural Affairs- Rural England Prosperity Fund.
For 2025-26, a further £120,182 rural fund was allocated to rural business and community grants.
The Rural Fund was managed alongside the UKSPF allocation and overseen by the UKSPF Board.
Contact us
Enquiries on High Peak's UKSPF and Rural England Prosperity Board can be sent to regeneration@highpeak.gov.uk
Businesses may wish to sign up to Our business newsletter to receive monthly updates on other funding for business.
Background
Background to the approval for the High Peak UKSPF can be seen in the below Committee reports:
14th July 2022 - Economy and Growth Select Committee
29th July 2022 - UK Shared Prosperity Fund, The Executive - Individual Executive Decisions
Further updates will be provided periodically to the Economy & Growth Select Committee.
More Information on Rural England Prosperity Fund
UKSPF Project Delivery
UKSPF Grants Programme
