Statement from the Midlands Engine Partnership on the UK Shared Prosperity Fund

In April this year, the government announced the UK Shared Prosperity Fund as the domestic replacement for the European Structural and Investment Programme in the UK. The investment plan submissions window for the UKSPF is now open and closes on 1 August 2022. https://bit.ly/3Pa2Hw3

The Midlands has a proud history of innovating to solve challenges and through generations of ingenuity we have forged a position at the centre of UK industry – exporting our expertise in manufacturing, health and life sciences, academia, digital and more to a global network of trading partners.

As we look to recover from the pandemic, mitigate the impacts of the cost-of-living crisis, and address historic regional disparities and level up for good – the Midlands Engine partners stand committed to continue to work with industry, government and local parliamentarians to highlight the vast growth potential of our region across these areas of expertise.

Addressing historic underinvestment for our region is crucial. With adequate private and public sector investment the Midlands would be able to capitalise on a £80bn productivity boost and secure a just and equitable future for our young people.