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The UK Shared Prosperity Fund and Rural England Prosperity Fund

Waverley Borough Council has been allocated £1 million of the UK governments' UK Shared Prosperity Fund and £400,000 of the Rural England Prosperity Fund. This page outlines how these funds have been allocated across Waverley and the impacts these projects will have in the community.  

UK Shared Prosperity Fund (UKSPF) 

The UK Shared Prosperity Fund is a central pillar of the UK government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025. The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills. For more information, visit

Waverley has allocated all of its £1 million from UKSPF towards key projects in disadvantaged areas of the borough. Projects that are selected will receive funding for up to two years. 

The Rural England Prosperity Fund has been allocated to support rural businesses with capital funds and will open in April 2023 for expression of interest and applicants. Waverley will be working with Surrey County Council, Guildford Borough Council and Tandridge District Council on this project to support our rural economies.

For privacy notice information, visit Waverley Borough Council - Privacy notice UK Shared Prosperity Fund and Rural England Prosperity Fund


Proposed Funding Total £ 

Ockford Ridge Youth and Community Service    


SWSDAS Community Support Programme 


Active Transport Cycle Project and Pilot 


Haslemere Youth Hub 


Hale Community Centre - Adult Support   


Waverley Hoppa Community Transport   


Farnham Maltings - Craft incubator 


Wellbeing Hubs and Friday/ Saturday Night Project 


UKSPF monitoring to government (Council Admin Costs) 


Rural England Prosperity Fund Delivery    


Domestic Energy Efficiency Feasibility Study 


SME Decarbonisation Loan Scheme   


Crisis Support Project 


Cranleigh High Street, Highway & Public Realm Enhancement Scheme 


Cranleigh Sustainability Fair   


Planned Projects

The Ockford Youth and Community Service will provide a range of programmes and opportunities to support young people in the borough. It will offer informal education through activities such as arts projects, music projects, sports, cooking and more. It will also work with young people 'at risk', providing them with vital life skills. The service will also act as a community centre, providing facilities for other social and support groups, family support work, charitable initiatives and more to benefit the local community. 

Key aspects of this project: 

  • The development of a mobile Youth and Community facility  

  • Recruit a team of Youth Workers that will support this project   

  • Regular attendance at the Youth Sessions by local young people  

  • Evidencing positive social and emotional learning amongst young people 

The South West Surrey Domestic Abuse Service Community Support Programme consists of three projects: a Volunteer Mentoring Programme, a One Stop Community Hub, and a Local Business Support Project.  

The Volunteer Mentoring Programme aims to encourage and support vulnerable people to engage with the community, accessing local community groups and new hobbies with the support of volunteers.  

The One Stop Community Hub provides local vulnerable people with access to local support networks, charities, and agencies in a comfortable and friendly environment.  

The Local Business Support Project targets large and medium sized businesses in the Waverley area to provide training in domestic abuse awareness, how a workplace can support employees who are victims and encourages the development of a Domestic Abuse Policy. 

The Active Transport Cycle Project and Pilot proposed by Waverley Borough Council will provide an east to west Greenway link in Godalming to encourage and facilitate walking, cycling and mobility access across the town.  

The route’s western section crosses Philips Memorial Park, directing cycles and scooters away from pedestrians, widening existing paths and an eastern section which applies highway speed reduction, lane marking changes and pedestrian / cycle priority crossings to convert The Burys to a Dutch-style Cycle Street. 

The project addresses the problem of private car dependency, lessens demand for parking spaces, local air pollution and encourages residents to be more active by providing an alternative to driving. 

The Haslemere Youth Hub will be used to support children and young adults in the community by providing help and advice and will seek to address some of the needs of minorities and people from the LGBTQ+ community. This funding will help to extend the community service hours from 3.30pm to 6pm to meet the demand and double the number of volunteering opportunities. 

This project aims to improve the services and opportunities provided by the Hale community centre. Increased funding will help to support and develop community engagement, well-being, build community resilience and encourage involvement in decision making through workshops, seminars and weekly drop-in sessions. The Community Centre aims to create trusting relationships with members of the community, so that they feel confident in using their voice to act as a group and address local issues. They also aim to address inequality through working with the Sandy Hill Inclusive Partnership. 

The Waverley Hoppa Community Transport scheme will help young people with no access to transport to attend sports clubs and other activities in four main population centres (Farnham, Haslemere, Godalming and Cranleigh) for a year-long pilot between 2024 - 25. It is expected to have a capacity of 2,340 passengers over the course of the pilot with a main purpose of reducing the impact of isolation and loneliness amongst young people in the borough. 

This project will create a new incubator space for Makers at Farnham Maltings. A dedicated space will offer a core programme of one-to-one consultation, training, skills workshops, peer to peer learning and network events to support makers in the early stages of their development and beyond.  

Farnham Maltings Association Ltd aims to use this funding to build on Farnham’s reputation as England’s first World Craft Town, ensuring that people with skills in crafts across Waverley can benefit from this raised profile, creating a cohesive community, able to benefit from the increased investment, retail opportunities and tourism market. It will develop stronger links with industry partners such as the Creative Industries Federation, Arts Partnership Surrey, the University for the Creative Arts, Waverley’s Business Improvement Districts and Crafts Council. 

Four Wellbeing Hubs will be developed in Farnham, Cranleigh, Godalming and Haslemere to improve health and wellbeing services across Waverley, tackling obesity, mental health conditions, cardiovascular disease, cancer, and loneliness. Specialised health and fitness services will be made available through the Leisure Centres, including NHS Health Checks and Exercise-based Rehabilitation for Cardiac, Stroke, Cancer, Obesity & Diabetes, falls and Respiratory disorders.  

The Friday/Saturday Night projects will offer affordable exercise and sport facilities for youngsters as well as giving them somewhere safe and sociable to be on a Friday evening. Youth workers will be able to offer support and a listening ear, supporting young people in their development. Taster sessions from local sports and activities clubs will be offered allowing young residents to experience a wide range of activities they may not have had the option to experience before. 

Whilst not technically a project, UKSPF Monitoring funding will account for council costs for the delivery of this project, to ensure that all funding from the grant is distributed and implemented as effectively as possible. 

REPF Delivery aims to deliver high-quality business development support to ensure successful delivery of the grant in Waverley within the 2-year program and will maximise the benefits for rural businesses to provide value for money. The project will also utilise staff skills and knowledge from the 2008-2022 LEADER program to support SME businesses and seek to resolve the problem of low success rates and poor outcomes. 

The Domestic Energy Efficiency Feasibility Study will provide an in-depth review of the private sector housing stock in Waverley, including information on housing hazards and energy efficiency. The findings will help the council to focus its attention and resources on the areas of greatest need and present a cost-effectiveness analysis for each strategy.

A SME Decarbonisation Loan Scheme has been proposed by Surrey County Council with funding sought from both County funds and District & Borough UK Shared Prosperity funds. It is intended to create a loan fund of between £3m-£6m to support business loans of between £5-£20k to Surrey SME businesses. Loans will be interest free for the first 3 years and then provided at a rate in line with the cost of borrowing to the council at a better rate than SMEs can access. Businesses will be supported to identify decarbonisation measures with a good return on investment (i.e. solar PV, fabric insulation, electric vehicles etc).   

This proposal will help SME tenants and landlords decarbonise, including those with the lower Energy Performance Certificate ratings, improve environmental and economic performance and support the delivery of Waverley Borough Council’s climate change targets. 

The Crisis Support Project proposed by Waverley Citizens Advice seeks to help residents struggling in Waverley improve their standard of living, by combining local council, charitable and private sector resources to provide people with practical support, advice and expertise to help them take back control of their lives. It will also work with the partner charity, South West Surrey Domestic Abuse Outreach, to identify families in need of support and provide direct, targeted, and effective community action. 

The Cranleigh High Street, Highway & Public Realm Enhancement Scheme is a £4m capital funded scheme identified in the Surrey Infrastructure Plan. The project will improve key junctions along the High Street in Cranleigh with enhanced public spaces and traffic management changes to parking and street layout, improved access for cyclists and pedestrians, support to improve biodiversity and the introduction of Electric Vehicle charging points.    

The project will support Cranleigh Village Centre by investing in the look and feel of the environment, making it a more attractive place to live, work and visit and improve accessibility, particularly for pedestrians and cyclists.     

Cranleigh's Surrey Hills Artisan Markets will run on the first Saturday of the month on Cranleigh High Street by Surrey Hills Enterprises CIC in partnership with Cranleigh Chamber of Commerce.

They will showcase local produce and products made by local artisans and inspire people to buy locally and sustainably.

Increased funding will enable a range of music, art, cultural and creative activities to be offered as part of the market with a focus on showcasing local musicians and artists, increasing footfall on the High Street and supporting local businesses in the process. 

Rural England Prosperity Fund (REPF) 

The Rural England Prosperity Fund will be allocated from April 2023, replacing the EU fund LEADER, with the aim of boosting economic growth in rural areas. The fund provides grants to businesses and organisations in rural areas, with the aim of creating jobs and promoting economic growth. Grants are available for a range of projects, including business start-ups, infrastructure projects, and training and development programmes.