• Business
  • Business News
  • Video
  • Contact
Aycliffe Today
Aycliffe Today
  • Business
  • Business News
  • Video
  • Contact
  • Follow
    • Facebook
    • Twitter
    • Youtube
Home
News

Plan to invest £30m in County Durham approved

December 8th, 2022 Martin Walker News 0 comments 0

A plan outlining how the UK Shared Prosperity Fund (UKSPF) will be invested in County Durham has been approved by government.

In July, Durham County Council submitted its UKSPF Investment Plan outlining how it will spend the £30 million it has been allocated by the Department for Levelling Up, Housing and Communities.

The plan sets out how the funding will be invested into the county over the next three years, following the themes of communities and place, supporting local businesses, and people and skills.

Cllr Elizabeth Scott, Durham County Council’s Cabinet member for economy and partnerships (pictured above), said: “We are delighted that our plan for how to spend our share of the UK Shared Prosperity Fund has been approved.

“The plan was developed with range of local partners, stakeholders, MPs, and residents to ensure it addresses key priorities for the county.

“The funding will play a key role in delivering the priorities in the county’s new Inclusive Economic Strategy, which is to be considered by our Cabinet next week.

“It will enable us to deliver an exciting programme of investment to support our economy and increase prosperity across the county. The UKSPF aims to build pride in place and increase life chances, something we are ambitious to deliver across County Durham.”

Investment through the UKSPF will be used to support the growth of the county’s economy by focusing on strengthening local businesses and helping them to set up, sustain, grow, and innovate.

This also includes activities focusing on green technology and decarbonisation, supporting the council’s Climate Emergency Response Plan in which it has pledged to achieve net zero in its operations by 2030, and make the county carbon neutral by 2045.

The UKSPF plan also outlines how money will be used to revitalise town centres across the county by enhancing community and neighbourhood infrastructure, increasing a sense of pride in local communities.

It will focus on boosting the county’s tourism, cultural, and heritage offer; building on the council’s existing festivals and events programme to raise its profile as the culture county and further attract visitors at a local and international level.

The UKSPF will also be used to support people into employment by increasing life and work skills within communities.

The council will use the money to provide a broad employment and skills support offer, with activities focusing on addressing sector pressure and skills shortages.

Glyn Llewelyn, chair of the County Durham Economic Partnership, said: “County Durham Economic Partnership, which includes the voluntary and business sectors, as well as our key anchor institutions, has worked with Durham County Council to develop an investment plan for this funding which will maximise the value of every pound in driving forward our ambitious Inclusive Economic Strategy.

“Its approval by Government recognises this, and I am very much looking forward to working with partners to bring forward the programme of activity it will deliver.”

Share it!

Facebook Twitter Google+ LinkedIn Pinterest
Next article Aycliffe Business: Issue 60
Previous article County Durham’s network of Warm Spaces

Related News

News

Chaos reigns as Durham County Council announces new cabinet after just 100 days

The leader of Durham County Council, Cllr Andrew Husband, has announced details of his new cabinet, following...
News

Get on board with bus travel this September

Residents are being encouraged to take advantage of discount bus fares in County Durham as part of a...
News

PCC urges the public to play their part to stop drink and drug driving

Police and Crime Commissioner Joy Allen is backing a national charity’s efforts to increase reporting of...

LATEST VIDEO

This week on A.T

Sep 23rd 1:40 PM
Community

Fun and Food scheme benefits thousands of children in County Durham

Sep 22nd 4:18 PM
Business

NC Group: Building the future workforce of Aycliffe’s engineering sector

Sep 18th 4:49 PM
Sport

Newton Aycliffe Juniors round-up

Sep 18th 9:44 AM
Business

How Senstronics culture has nurtured life-changing career for Jack

Sep 17th 12:47 PM
Community

Helping to create thriving communities across County Durham

Sep 17th 10:30 AM
Business

Strategic expansion for family firm as industrial suppliers set up shop in Aycliffe

Sep 16th 9:01 PM
Sport

Aycliffe prepare for FA Trophy trip

Sep 16th 3:09 PM
News

Chaos reigns as Durham County Council announces new cabinet after just 100 days

Sep 16th 10:47 AM
Sport

Aycliffe Cricket round-up

Sep 15th 4:27 PM
Community

Newton Aycliffe school children celebrating new facilities

Recommend
Follow @AycliffeToday
  • Business
  • Business News
  • Video
  • Contact
  • Back to top
© Aycliffe Today 2019. All rights reserved.
Developed by Thrive

Get our latest news direct to your inbox every Friday - subscribe to our free e-newsletter today.

Subscribe Now