Tuesday, August 12, 2025

Mansfield businesses and communities benefit from Shared Prosperity Fund

The UK Shared Prosperity Fund (UKSPF) has provided a significant boost to businesses and communities in Mansfield, supporting local development and regeneration. A recent evaluation of the district’s 2022-25 UKSPF programme revealed that over 7,000 individuals were engaged in community activities, and 98 businesses, including 17 start-ups, received funding.

The £2.96 million scheme, which concluded in March, has resulted in the creation of 28 new jobs, and the East Midlands Combined County Authority has allocated an additional £1.5 million for ongoing community regeneration and business support efforts.

The programme, aligned with Mansfield District Council’s “Making Mansfield: Towards 2030” strategy, focused on three key priorities: community development, business support, and skills enhancement. It exceeded its targets for employment and health-related support, delivering 343% more job placements and 370% more health-related employment assistance than initially projected.

Several local projects, such as Switch Up Mansfield and Volunteer It Yourself, have contributed to regeneration, providing essential services to vulnerable groups and fostering community pride.

Despite its success, the evaluation raised concerns about the short-term nature of the funding, recommending more sustainable, long-term solutions for business and skills support.

Mansfield’s future growth will continue to benefit from these strategic investments, strengthening the region’s workforce and business landscape.

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