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    Home » How £123m funding is changing lives in North Wales
    Economy

    How £123m funding is changing lives in North Wales

    Rhys GregoryBy Rhys GregoryJune 25, 2025No Comments
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    From breaking down barriers to employment to upgrading key facilities, the numbers highlighting the success of a government-funded programme across North Wales have been revealed.
    The region was allocated more than £123 million from the UK Shared Prosperity Fund (UKSPF), with 169 projects delivering tailored schemes across three priorities: communities and place; supporting local businesses; and people and skills.
    With the six North Wales local authorities empowered to make funding decisions, more than 15,000 people, 4,135 businesses, and more than 1,830 local groups were supported from 2022 to 2025.
    Key takeaways from the programme’s achievements include more than 500 community facilities built or improved, many of which have upgraded facilities to support the future sustainability of much needed local services, close to 1,000 jobs safeguarded with another 686 created, more than 38,750 volunteering opportunities, and more than 10,263 events and activities run.
    The stats were revealed at a celebratory event held at Conwy Business Centre, with a publication launched detailing some of the success stories across Conwy, Denbighshire, Flintshire, Gwynedd, the Isle of Anglesey, and Wrexham.
    North Wales Corporate Joint Committee vice chair, Cllr Charlie McCoubrey, said: “The information to hand already paints a promising picture of meaningful success and change across North Wales. We are already witnessing the positive effects of improved local community assets and infrastructure, growth and efficiency among businesses, and progress in supporting people into employment
    “The Shared Prosperity Fund in North Wales – thanks to the flexible approach at the heart of the SPF – shows how, by empowering local areas, regional and national priorities can be efficiently and effectively addressed.”
    Further data revealed more than 7,600 individuals gained or were supported to gain a qualification, close to 5,300 people accessed employability support, and businesses reduced their CO2 by 456 tonnes.

    One beneficiary who has praised the impact the UKSPF has had is community centre Canolfan Gymunedol Noddfa in Caernarfon which was saved from permanent closure after its energy costs were reduced.

    Thanks to the Regeneration Support Fund by Cyngor Gwynedd, the communal facility upgraded its heating and lighting systems and installed photovoltaic (PV) panels and energy storage batteries to manage its overheads.
    Dewi Jones, Caernarfon councillor for Peblig ward, said: “The centre was in crisis
    and receiving this grant has dramatically reduced our energy costs and saved the
    centre from having to close.
    “It’s a vital community resource and we can now plan towards a better future for the
    community.”
    Secretary of State for Wales Jo Stevens said: “It’s great to hear about the successful projects in North Wales which have been delivered by the Shared Prosperity Fund, funded by the UK Government.
    “We have made economic growth our number one mission. The UKSPF is helping people gain skills to secure well-paid jobs and is working to make North Wales a fantastic place to work, live and do business.”
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    Rhys Gregory
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    Editor of Wales247.co.uk

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