Successful triple UKSPF whammy for Think Funding

It was good news recently with three UKSPF bids crafted by Think Funding coming up trumps. Funded through Leicester City Council’s 2023-2025 programme, the successful bids were Empower Biz, Positive Communities Two and Expand Social Enterprise in Leicester with a total value of almost £600k.

Chris Shaw of Think Funding says “this was a fabulous outcome, representing 25% of Leicester City Council’s UKSPF awards to date. The great thing about the success, was that each bid was a partnership comprised of multiple agencies. This means that 15 organisations will benefit directly from the funding.”

The UK Shared Prosperity Fund (UKSPF or the Fund) is a central pillar of the UK government’s ambitious Levelling Up agenda and a significant component of its support for places across the UK. It provides £2.6 billion of new funding for local investment by March 2025, with all areas of the UK receiving an allocation from the Fund via a funding formula rather than a competition. It will help places right across the country deliver enhanced outcomes and recognises that even the most affluent parts of the UK contain pockets of deprivation and need support.