The UK Government announced £220 million investment in the UK Community Renewal Fund (UKCRF) in its budget on 3 March 2021.
This Fund will support people and communities most in need across the UK, creating opportunities to trial new approaches and innovative ideas at the local level, and invest in skills, community and place, local business, and supporting people into employment.
The funding is only available for the current year, to support revenue projects that will deliver by 31 March 2022 and that have been developed based upon local and community needs. This will pave the way for the UK Government’s Shared Prosperity Fund, due to launch next year, replacing EU Structural Funds.
The UK Government’s Prospectus sets out further details on the objectives of the fund, the types of project intends to support and how it will operate.
Frequently asked questions
For more information view the UK Government's Frequently Asked Questions about UK Community Renewal Fund.