Bedford Borough is to receive £3,100,402 from the Government through the £2.6 billion UK Shared Prosperity Fund (UKSPF) to help level up the community – from regenerating run down high streets to fighting anti-social behaviour.
The funding delivers on the UK government’s commitment to match the previous EU funding from the European Social Fund and European Regional Development Fund.
The UKSPF invests in local communities by helping to regenerate high streets, tackle economic decline, and reverse geographical inequalities – with areas in greater need receiving more support. The funding is part of the Government’s mission to level up the UK, by ensuring that where an individual is born does not determine the success and opportunities afforded to them.
The investment will deliver on the Government’s mission to level up the United Kingdom – regenerating communities, tackling economic decline, and reversing geographical inequalities to ensure that everyone can fulfil their potential. The funding also includes free tutoring, digital training and flexible courses to help adults with low-level maths skills get back into work, as well as measures to get more young people into high-skilled jobs.
Bedford and Kempston Conservatives has welcomed the news that as part of this investment, £3.1m has been awarded to Bedford Borough Council.
