Establishment of the Social Value Impact Fund

July 23, 2024 Leader of the Council, Cabinet Member for Strategic Partnerships, Economy, and Effective Council (Cabinet member) Key decision Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to authorise the creation of the Social Value Impact Fund, oversee its allocation of assets through a dedicated panel, and assign its day-to-day management to the Community Innovations and Funding Manager.

Full council record

Decision

1.          
To authorise the creation of the Social Value Impact Fund following
Cabinet approval on 18th October 2023.

2.          
Following creation of the Social Value Impact Fund the Social Value
Impact Fund Panel will oversee said fund and make decisions on how
assets of the fund are allocated.

3.          
The Community Innovations and Funding Manager will be responsible
for the day-to-day management of the fund.

Supporting Documents

Social Value Impact Fund.pdf

Details

OutcomeRecommendations Approved
Decision date23 Jul 2024