Decision details

Delivery of the Rural England Prosperity Fund

Decision Maker: Portfolio Holder- Economic Development and Visitors

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes


To introduce the Rural England Prosperity Fund (REPF), available as a top-up to UK Shared Prosperity Funding (UKSPF), and to gain approval to submit an addendum to our UKSPF Investment Plan by 30 November 2022 to secure the additional funding.


1)      To note the REPF Prospectus and confirm commitment to the programme as set out in the report; and


2)      To approve the proposal to work with key stakeholders to produce an addendum to our UKSPF Investment plan by 30th November 2022, as outlined in 2.0.

Reasons for the decision:

Commitment to REPFwill enhance the outcomes of UKSPF and enable further support to rural communities and businesses within Newark and Sherwood. Through collaboration with key stakeholders to develop an investment plan, the Council can ensure an evidence based approach with alignment to local rural needs and opportunities.

Alternative options considered:

There is the option not to deliver REPF. Without the submission of an Investment Plan, no REPF funds will be allocated. This option is not recommended to achieve the most successful outcomes for rural communities and businesses.

Publication date: 17/11/2022

Date of decision: 17/11/2022

Effective from: 23/11/2022

Accompanying Documents: