Regional Funding in England: An Overview
England's regional funding landscape has changed significantly since Brexit. EU structural funds have been replaced by UK domestic programmes, and more funding decision-making has been devolved to combined authorities and metro mayors. Understanding the regional structure is key to finding the right grants and support for your business or organisation.
Key points
- England has 11 Mayoral Combined Authorities (MCAs) with significant devolved funding and powers.
- The UK Shared Prosperity Fund replaced EU structural funds with a more locally-driven approach.
- The Levelling Up Fund and Towns Fund have targeted specific areas for investment.
- Local Enterprise Partnerships (LEPs) are being absorbed into combined authorities from 2024.
- The British Business Bank has regional delivery arms and regional funds in all parts of the UK.
- Scotland, Wales, and Northern Ireland have separate devolved funding structures entirely.
Levelling Up and Place-Based Investment
The government's Levelling Up agenda has directed significant investment towards areas identified as having historically lower productivity, poorer public services, or declining industries. Key programmes include:
- Levelling Up Fund (LUF) — Capital funding for local infrastructure such as regeneration, transport, cultural, and heritage projects. Delivered through local authorities, with most funding already allocated through three rounds. Some projects are still being delivered.
- Towns Fund — Targeted investment packages for 101 specific town centres in England, supporting regeneration through Town Deals and Future High Streets Fund. Towns Fund investment plans are now largely agreed and in delivery.
- Long-Term Plan for Towns — The successor to the Towns Fund, launched in 2023, initially covering 55 towns in England with endowments of £20 million each over ten years. Plans are developed by town boards with local input.
These programmes primarily fund public infrastructure and town centre improvements rather than direct business grants. However, they create opportunities for local businesses involved in construction, supply chains, and economic activity linked to regeneration projects.
Local Growth Hubs
England's 38 Local Growth Hubs act as a single point of contact for business support in each LEP area. They provide free, impartial information and guidance on grants, finance, and support available at national, regional, and local level.
Growth Hubs are particularly valuable for businesses that do not know where to start with finding funding. A conversation with a Growth Hub adviser can quickly identify the most relevant opportunities and help you prioritise where to focus your application efforts. They can also refer you to specialist advisers for R&D funding, export support, or sector-specific programmes.
From 2024, LEPs are being consolidated into combined authorities or county-level structures. Growth Hubs are expected to continue, but under different governance arrangements in some areas. Check your regional Growth Hub's website for current contact details.
Devolved Nations: Separate Funding Structures
Scotland, Wales, and Northern Ireland each have their own devolved funding structures that operate entirely separately from English regional programmes:
- Scotland — Scottish Enterprise and Highlands and Islands Enterprise (HIE) provide grants, loans, and business development support to Scottish businesses. Business Gateway provides free advice and support for start-ups and small businesses. Scotland receives its UKSPF allocation directly and deploys it through its own programme.
- Wales — Business Wales is the primary support portal for Welsh businesses, connecting them to grants, loans, and advice. The Development Bank of Wales provides finance including grants and loans. Wales has a separate UKSPF programme managed by the Welsh Government.
- Northern Ireland — Invest Northern Ireland (Invest NI) is the main business development agency, offering grants and support to manufacturing and tradeable service businesses. Northern Ireland also has unique access arrangements under the Windsor Framework that may affect eligibility for some EU programmes.
Frequently asked questions
If I am in a Mayoral Combined Authority area, should I apply for local or national grants?
What replaced LEPs and EU structural funds?
Are there any regional grants specifically for rural areas?
What is UKSPF?
How do devolved nations handle funding differently?
What to do next
- 1Find your local Growth Hub
Contact your Growth Hub for impartial local funding advice.
- 2Find your combined authority
Identify your local authority and regional body.
- 3Explore UKSPF investment in your area
Find your area's UKSPF investment plan and funded programmes.
Official bodies and resources
Companies House
GovernmentIncorporates and dissolves limited companies, registers company information, and makes it available to the public.
HM Revenue & Customs
GovernmentResponsible for collecting taxes, paying some forms of state support, and administering national insurance.
Citizens Advice
CharityProvides free, confidential, and independent advice on a wide range of issues including benefits, housing, debt, and employment.
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