Policy paper

Levelling Up Fund Round 2: prospectus

The prospectus provides guidance on how local areas can submit bids for the Levelling Up Fund.



The Levelling Up Fund is designed to invest in infrastructure that improves everyday life across the UK. The £4.8 billion fund will support town centre and high street regeneration, local transport projects, and cultural and heritage assets.

Across England, Scotland, Wales and Northern Ireland (NI), unitary authorities (including metropolitan borough councils), London borough councils and district councils in two tier areas in England are eligible to submit bids for the second round of the Levelling Up Fund which was announced in the 2022 Spring Statement.

In addition to local authorities, the UK government will accept bids from a range of local applicants in NI, including but not limited to businesses, universities, voluntary and community sector organisations, district councils, the Northern Ireland Executive, and other public sector bodies.

The Fund will run until 2024/25.

Published 23 March 2022
Last updated 15 July 2022 + show all updates
  1. Added link to online application form.

  2. Added translation