Question to the Ministry of Housing, Communities and Local Government:

To ask the Secretary of State for Levelling Up, Housing and Communities, whether he is taking steps to help tackle the potential loss of university business support and enterprise activity following the transition of local funding from EU programmes to the UK Shared Prosperity Fund

The UK Shared Prosperity Fund is not a direct replacement for EU structural funds. It focuses on UK priorities by giving more direct accountability to elected local leaders.

The UKSPF will enable local decision making and better target the priorities of places within the UK, with investment priorities focused on community and place, supporting local businesses and people and skills. The UKSPF prospectus is available here.