It was recently announced that West Berkshire has been provisionally allocated a £597,994 share of the Rural England Prosperity Fund (REPF) - making us the only local authority in Berkshire to receive it.
It is a top-up of the UK Shared Prosperity Fund, for the purpose of investing in capital projects in small businesses and community infrastructure in rural areas in order to improve productivity, connectivity and access to services. It is aimed at addressing the economic imbalances between rural and urban areas.
We will be working with rural stakeholders to decide how best to spend the money across a range of project, and will be setting this out in an investment plan which we will submit to Government by their 30 November 2022 deadline.