Purpose

At the Council meeting on 18th January 2023the Council resolved that the following amounts from the East Herts UK Shared Prosperity Fund (UKSPF) and the Rural Prosperity Fund (RPF) be agreed:

Up to £287,000 from UKSPF and up to £236,421 from RPF allocated to business support
Up to £630,000 from the UKSPF and up to £236,421 from the RPF for delivery of
town and village centre improvements

And that decisions on spending be delegated to the Head of Communications, Strategy and Policy acting in consultation with the Executive Member for Planning and Growth

Decision

That the following amounts, totalling £44,580, are allocated as grant payments:

A new premises grant of £3000 for JPW LTD in Aston to support the costs of expansion and re-location into East Herts
A new premises grant of £3000 for the Gift Room in Sawbridgeworth towards opening up new premises
A grant of £3000 for House Plants Express in Bishop’s Stortford towards fit out costs for new premises
A grant of £3000 for Four Rivers Coffee Co in Hertford towards opening up new premises
A grant of £3000 towards Nextrasoft LTD in Hertford towards fit out costs for new premises
A grant of £3000 towards Ten Spindrift in Bishop’s Stortford towards fit out costs for new
premises
A grant of £3000 towards Bonne Nature LTD (trading as Le Peche Mignon) in Bishop’s
Stortford towards opening up new premises
A grant of £3000 towards TDM Franchise in Bishop’s Stortford towards opening up
new premises
A grant of £20,580 for Datchworth Parish Council to support a number of accessibility improvements to the Turkey Farm

Alternative options considered

Option 1 - Award grants
Option 2 - Do not award grants