£250,000 Boost For Local Projects Through UK Shared Prosperity Fund

£250,000 Boost For Local Projects Through UK Shared Prosperity Fund

The Cambridgeshire and Peterborough Combined Authority has confirmed an additional £250,000 of investment into four key projects as part of its £4.4 million UK Shared Prosperity Fund (UKSPF) programme for 2025/26.

The increase in funding will strengthen projects previously approved for UKSPF funding, helping them deliver even greater impact for residents, businesses, and communities.

The projects to receive a share of the additional investment are:

Vibrant Communities, Huntingdonshire – £83,333

Additional funding will support a wider programme of events in town centres, larger villages and Huntingdonshire’s communities. These activities will draw more people into high streets, boost local businesses, and help Huntingdonshire’s towns thrive. The first events will begin in 2025.

Northstowe, South Cambridgeshire – £50,000

Further investment will help equip Northstowe’s new community centre and local centre with modern digital infrastructure and flexible communal spaces for start-ups, local enterprises, and community groups. This project will create long-term value for residents by improving digital access, supporting lifelong learning, and providing spaces for local businesses and community events.

Improving South Cambs High Streets, South Cambridgeshire – £33,333

The additional funding will help to continue to improve South Cambridgeshire’s high streets by enhancing their appearance, boosting safety, and increasing the vitality of local centres, making them more welcoming for shoppers and visitors. Through this project residents, business owners and community groups will have a say on where the funding should go. Consultations with local communities will begin later this year.

A Focus on Abbey, Cambridge City – £83,333

Residents in Abbey and neighbouring wards will continue to be supported to develop a shared vision for their community, working with schools, businesses, and local groups. The project will back new initiatives that improve amenities, wellbeing, and opportunities, with an action plan created alongside residents to guide investment.

All projects aim to be delivered by March 2026, and together they will support thriving local economies, vibrant town centres, and stronger communities across the region.

Paul Bristow, Mayor of Cambridgeshire and Peterborough, said:

“These projects will revitalise our high streets, strengthen our communities, and give local people better facilities and opportunities. This is investment that will make an impact on daily life, and it is another step towards a Cambridgeshire and Peterborough where everyone is healthier, wealthier and happier.”