More than £3.5million is to be invested in Bolsover as part of efforts to ‘level’ the local area. The money was awarded as part of the UK Government’s Shared Prosperity Fund.
The fund was designed to reverse geographic inequalities – meaning areas that need it most get more money. As part of the funding, Bolsover District Council received £1,963,993.
On top of that, the North East Derbyshire District Council received £2,568,204. The district council comprises six wards within the Bolsover constituency.
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The money will be given to local elected officials and local authorities, as they will know how best to use the money for their local communities, according to the government. This method was designed to reduce red tape, he added.
An additional £3,762,842 has also been given to Derbyshire County Council to fund Multiply – a new UK-wide scheme designed to equip adults with functional numeracy skills to help them find new jobs. The money could be used for free tutoring, digital training and flexible courses.
The funding announcement was well received by MP Mark Fletcher. He said: “I am incredibly proud of Bolsover and I know our best days are ahead of us. I am committed to working with the government to ensure that everyone in our region can reach their full potential.
“That’s why I welcome the investment of £4.5 million for the two district councils that serve my constituency. This investment will help local residents realize their potential, while reducing territorial inequalities that have remained untouched for too long” .
Leveling Up Secretary Michael Gove added: “The UK Shared Prosperity Fund will help unleash the creativity and talent of communities that have for too long been overlooked and undervalued. By targeting this funding to the areas of the country that need it most, we will help spread the opportunities and level up across all parts of the UK.