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Grant – UK Shared Prosperity Fund

Summary of UKSPF

BCP Council have issued information about this opportunity, and we have summarised for you
about the UK Shared Prosperity Fund (UKSPF) grant to make it easier for you to identify whether you
wish to apply.
UKSPF 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.


Visitor Experience Grants – open for applications

Visitor Economy small capital grants are open for applications via the link below:

https://www.bcpcouncil.gov.uk/tourism-grant

 Grant funding will be provided for small scale capital projects that result in the development of new or enhanced products to attract visitors from our identified visitor growth markets “Nature and Culture“, “Active and Mindful” or that improve accessibility of the business for visitors.  To find out more about these growth markets, please see:

https://business.coastwiththemost.com/campaign/research-and-stats/baha-research/#list

 

The grant scheme covers small capital grants up to £1,250 with a requirement for 1:1 match funding. 


Eligibility
This match-funded grant scheme is open to the following businesses. 

You must meet all of the following criteria to be eligible to apply:

Applicants must be visitor economy related businesses covering accommodation, attractions, hospitality, culture or activity providers.  

Priority will be given to those who have attended a workshop or webinar on the growth market segments of ‘Nature and Culture’ and ‘Active and Mindful’.  

Trading businesses (i.e. cannot be in administration, insolvent or be in a situation where a striking-off notice has been made)

 Businesses that will not exceed the permitted Subsidy Control threshold of £315,000in relation to Minimal Financial Assistance (MFA) during this and the two previous financial years (see Appendix 1 to this document)

Projects must to be delivered by 31 December 2024. If the project forms part of a wider project the funded activity (with its individual outputs and outcomes) must be completed by this date.

For further information and to apply see:

https://www.bcpcouncil.gov.uk/tourism-grant

Further information on other grants and support available for BCP Council based businesses can be found here UK


Shared Prosperity Fund | BCP (bcpcouncil.gov.uk)



Embracing Change, Fostering Growth

The cessation of Additional Restrictions Grants marks a turningpoint, prompting us to explore fresh avenues of assistance for our valued businesses. Poole BID, in partnership with the High Street Heritage Action Zone and BCP Council, is actively engaged in charting a course that ensures your business’s resilience and prosperity

Forge Ahead With Confidence

Our dedication to your success remains unwavering. While the landscape may evolve, our commitment to fostering growth and sustainability remains unchanged. Through ongoing dialogues and partnerships, we’re diligently working to identify and secure forthcoming grants and support mechanisms, tailoring them to meet the specific needs of businesses within the Poole BID District. 

Together, we can navigate change, embrace innovation, and forge a future marked by resilience and triumph.

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