Ashfield District Council, and partners, have submitted an investment plan to unlock up to £3.2million from the government’s UK Shared Prosperity Fund to invest across the District.
The UK Shared Prosperity Fund will fund projects based on the three themes set out by the government, which are communities, local business, and skills. The aim of the fund is to improve the places that people live in, support high quality training and skills to increase people’s access to employment and better pay, and actively support local businesses to help them thrive, grow, and innovate.
Stakeholder sessions were held in June to gather ideas and views before the plans were presented to the Discover Ashfield Board for approval. A list of 170 project ideas was reviewed and scored to create the final shortlist.
Over £380,000 of the fund is planned to be invested into several projects by the end of March 2023. These include help and support for businesses to increase productivity, adapt to automation, access markets overseas, and reduce energy bills.
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