Community projects to get further multi-million-pound funding boost
The council received an allocation of £11,634,466 between April 2022 to March 2025 from the UK Shared Prosperity Fund (UKSPF) following a successful bid to the government.
With its overarching aim of building local pride in where people live and increasing life chances, this funding has helped numerous projects across Gateshead that support economic growth, community infrastructure, people and skills. This has included funding Tyne Derwent Way and investment in the town centre development plans.
Councillors were updated on further spending plans at a Cabinet meeting on 18th March, where it was reported the council had secured a further £4.6m of funding to run from April 2025 to the end of March 2026. This is the borough's share of a transition fund announced by the new government last year.
It will be used to continue to support projects which are making a significant difference to local communities.
The UK Shared Prosperity Fund is, aimed at boosting productivity, pay, jobs and living standards by growing the private sector, especially in areas where they were lagging.
The money for Gateshead has been, and will continue to be, used to build a sense of community, local pride and belonging, and to empower local leaders and communities.
Councillor Maria Hall, Cabinet Member for Localities, Communities and Volunteering, said: "Our vision for Gateshead is of a fairer, greener and more resilient economy that enables everyone to thrive and delivers good jobs, growing businesses and great places.
To overcome the challenges that we face and to be able to achieve our vision, we have collaborated with a wide range of regional and local partners, communities and citizens who are determined to make Gateshead a place where everyone can thrive.
We need to build on our strengths, serve local needs and look to a vibrant economic future through a place-based approach that puts people and planet first. I am delighted that we will be able to continue working with our communities, residents and partners over the coming year investing this funding in our places, our businesses and our people."
Projects have included:
· Arts and culture-led regeneration, including the railway quarter
- Gateshead town centre
- Revitalising libraries
- Supporting and facilitating active travel
- Improving the Derwent-Tyne Corridor
- Building capacity and support across the voluntary and community sector
Local businesses have also been supported, with the aim of boosting productivity, increasing business start-up rates, enhancing innovation and stimulating growth.
Residents have also benefited by investment in projects aimed at reducing unemployment and economic inactivity and close the employment gap for under-represented groups.
More details on UKSPF funded projects in Gateshead can be found here.
The Cabinet report, which was at a meeting on March 18 can be found here.
The council received an allocation of £11,634,466 between April 2022 to March 2025 from the UK Shared Prosperity Fund (UKSPF) following a successful bid to the government.
With its overarching aim of building local pride in where people live and increasing life chances, this funding has helped numerous projects across Gateshead that support economic growth, community infrastructure, people and skills. This has included funding Tyne Derwent Way and investment in the town centre development plans.
Councillors were updated on further spending plans at a Cabinet meeting on 18th March, where it was reported the council had secured a further £4.6m of funding to run from April 2025 to the end of March 2026. This is the borough's share of a transition fund announced by the new government last year.
It will be used to continue to support projects which are making a significant difference to local communities.
The UK Shared Prosperity Fund is, aimed at boosting productivity, pay, jobs and living standards by growing the private sector, especially in areas where they were lagging.
The money for Gateshead has been, and will continue to be, used to build a sense of community, local pride and belonging, and to empower local leaders and communities.
Councillor Maria Hall, Cabinet Member for Localities, Communities and Volunteering, said: "Our vision for Gateshead is of a fairer, greener and more resilient economy that enables everyone to thrive and delivers good jobs, growing businesses and great places.
To overcome the challenges that we face and to be able to achieve our vision, we have collaborated with a wide range of regional and local partners, communities and citizens who are determined to make Gateshead a place where everyone can thrive.
We need to build on our strengths, serve local needs and look to a vibrant economic future through a place-based approach that puts people and planet first. I am delighted that we will be able to continue working with our communities, residents and partners over the coming year investing this funding in our places, our businesses and our people."
Projects have included:
· Arts and culture-led regeneration, including the railway quarter
- Gateshead town centre
- Revitalising libraries
- Supporting and facilitating active travel
- Improving the Derwent-Tyne Corridor
- Building capacity and support across the voluntary and community sector
Local businesses have also been supported, with the aim of boosting productivity, increasing business start-up rates, enhancing innovation and stimulating growth.
Residents have also benefited by investment in projects aimed at reducing unemployment and economic inactivity and close the employment gap for under-represented groups.
More details on UKSPF funded projects in Gateshead can be found here.
The Cabinet report, which was at a meeting on March 18 can be found here.
