Issue - decisions

03/02/2023 - Allocation of funds for year 1 of the UK Shared Prosperity Fund

In relation to the allocation of funds for year 1 of the UK Shared Prosperity Fund (UK SPF), the Portfolio Holder for Business and Economic Growth and the Portfolio Holder for Corporate Finance and Governance approve the following:

 

a)    £48,000 is allocated to the ongoing scheme at the Starlings Site in Dovercourt;

b)    £41,000 is allocated to the recruitment of an Operations Manager for, and marketing of, the ongoing Jaywick Covered Market and Managed Workspace project;

c)    £10,000 is allocated to small grants for community organisations with the aim of widening participation in sports and leisure activities;

d)    £10,203 is allocated to assist residents with the cost of living.

 

More detail on this project will be provided in due course, as details of it have yet to be determined.

 

e)    £10,000 of capital funding is allocated to extend and repair an existing beach access slope to comply with current regulations; 

f)     £25,000 is allocated to a comprehensive feasibility study, delivered in partnership with the University of Essex, to inform the development of a Business Support Centre based at the Freeport East, Bathside Bay, Harwich site.

g)    To agree that all future decisions on spend will be made by the Corporate Director (Place and Economy), in consultation with the Portfolio Holder for Business and Economic Growth.