All parts of the UK will receive funding from the UKSPF. A total of £126.46i million has been allocated to the North Wales region which includes the counties of Wrexham, Flintshire, Denbighshire, Conwy, Gwynedd, and the Isle of Anglesey. The total includes £15.24 million which must be used to support adult numeracy (the Multiply programme).
The allocation for Gwynedd is £24,423,747, of which £2,942,620 is ringfenced for the Multiply Programme.
Delivery of the UKSPF in Gwynedd
To minimise cost and complexity, Local Authorities in North Wales are working together to administer the UKSPF. However, Cyngor Gwynedd decided which projects received money in Gwynedd with the advice of a partnership of local stakeholders.
During January and February 2023 there was an opportunity for any organisation needing over £250,000 of SPF funding to submit an outline application. In Gwynedd 114 applications were received from projects seeking over £51 million of SPF funding. Based on an assessment of the applications, and the advice of the Shared Prosperity Fund: Gwynedd Advisory Group, in May 2023 Cyngor Gwynedd chose to invite 47 projects to submit a detailed application for funding.
It is not anticipated that there will be another opportunity to submit applications for over £250,000 of SPF funding in Gwynedd.
Following the receipt and thorough assessment of the detailed applications, on July 20, 2023 Gwynedd Council's Cabinet agreed a to offer £21.96 million of Gwynedd SPF funding to 39 projects.