To approve the UK Shared Prosperity Fund Delivery Framework for Chorley in order to progress delivery of the fund and to begin commissioning of the programmes within it.
To accept £4,212,901 of the UKSPF and £400,000 of the Rural Economic Prosperity Fund (REPF) from the UK Government
To approve a rural capital grants scheme utilising the REPF to enable eligible rural businesses to bid for funds to make capital improvements to their operations.
The allocation of the funds will be administered by the Executive in accordance with the terms of the scheme.