GWYNEDD Council are holding virtual sessions on June 8-9 to share information about the UK Shared Prosperity Fund and to gather feedback about local priorities.

Local stakeholders in the public, private and third sectors are invited to attend the sessions.

The UK Government has announced the establishment of the UK Shared Prosperity Fund, with capital and revenue funds available across three investment priorities:

• Community and Place

• Supporting Local Businesses, and

• People and Skills

Each local area will receive an allocation based on a funding formula, and £24.4million will be allocated to Gwynedd for the period to March 2025.

In Wales, local areas are required to cooperate with other areas within their region, and the first step to ensure receipt of the funds is to submit a Regional Investment Plan, outlining how the money will be shared between investment priorities and distributed.

The Council will be holding virtual sessions to share details about the fund and to gather feedback about local priorities.

The North Wales Investment Plan will be submitted to UK Government before August 1, and it is anticipated that activity will begin during the autumn of 2022.

To book a place, visit

ERSA’s work on UKSPF