Issue - decisions
21/02/2025 - Cabinet Members' Items - Report of the Economic Growth, Regeneration & Tourism Portfolio Holder - A.3 - UK Shared Prosperity Fund Transition Year 2025/26
RESOLVED that Cabinet:
(a) following the review of the External Funding High Level Framework Grants Checklist, as attached in Appendix A to the Portfolio Holder’s report (A.3), accepts £563,028 from UK Shared Prosperity Fund;
(b) approves the allocation of: £40,000 to commission business support; £26,500 to the continuation of the Local Cultural Education Partnership (LCEP) Officer role; £19,506 to the continuation of the Council’s Town Centre Manager Role; £15,000 for Extend the Season Events Grants; and £25,000 for the Widening Participation Sports Grants scheme, as set out in Appendix B to the Portfolio Holder’s report (A.3);
(c) allocates the remainder of the UKSPF funding via an open call for projects in quarter one 2025/6 under the themes set out in the Portfolio Holder’s report;
(d) authorises the Portfolio Holder for Economic Growth, Regeneration and Tourism to approve the criteria for assessment of grants under the UK Shared Prosperity Fund;
(e) authorises the Portfolio Holder for Economic Growth, Regeneration and Tourism to approve the award of grants to organisations under the UK Shared Prosperity Fund; and
(f) authorises the Council’s Section 151 Officer, in consultation with the Portfolio Holder for Economic Growth, Regeneration and Tourism, to sign the grant agreement and memorandum of understanding for the funding, when they are received from Government.