GuideUK Shared Prosperity Fund

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5. Grant Schemes

What grant schemes were available under the UK Shared Prosperity Fund?

Funding from the UKSPF and REPF was allocated to the following three grant schemes:

Decarbonisation: 

Carbon Action Fund - Grants for both businesses and rural community organisations to purchase decarbonisation equipment to cut costs and reduce their carbon footprint. The second round closed on the 10th of November 2025 at 4pm. 

Business growth:

Innovation and Resilience Fund (Round 4) - Grants for businesses, including farms diversifying away from agriculture, to purchase equipment or create workspace which will enable job creation or improved productivity. The fourth round closed in August 2025.

Culture:

Creative East Devon Fund - Grants for community organisations to support small-scale cultural and arts projects in East Devon. The third round closed on the 8th of August 2025 at midday. 

What grants can I apply for?

All grant schemes have now closed for applications. Future rounds of the Creative East Devon Fund will continue without UKSPF funding. No further funding is available at present to run future rounds of the Innovation and Resilience Fund or the Carbon Action Fund.