Purpose

The Greater London Authority (GLA) launched
the Creative Enterprise Zone Sustainability Capital Grant Programme
in September 2022. The aim of the programme is to improve
environmental performance of creative businesses, workspaces,
artists’ studios and wider cultural infrastructure and to
increase the provision or suitability of affordable creative
workspace within accredited Creative Enterprise Zones. Lambeth
submitted a successful application securing a £200,000 grant
to help enable a low carbon retrofit and expansion of Raw Material
Music and Media’s creative hub, in Brixton’s Creative
Enterprise Zone. Lambeth has also made a commitment to invest
£230,000 capital grant funding through the Future Workspace
Fund, which was signed off by a previous decision report, Future
Workspace Fund Second Round CMDDR (February 2023). This report
seeks to secure approval to sign and enter the grant agreement with
the GLA to redevelop Raw Material’s creative workspace, to
help close the funding gap to enable the project to be
completed.

Decision

1.              
To authorise officers to enter into a
grant agreement with the Greater London Authority for the
£200,000 Creative Enterprise Zone Sustainability Capital
Grant, which will contribute to supporting the delivery of a
£1,013,242 low carbon retrofit and expansion of Raw Material
Music and Media’s creative hub in Brixton’s Creative
Enterprise Zone.

 

2.              
To authorise the Council to enter into a grant
agreement with Raw Material Music and Media Ltd to invest the
£200,000 Creative Enterprise Zone Sustainability Capital
Grant in their low carbon retrofit and expansion
project.
 

3.              
To provide delegated authority to the Director of
Economy, Culture and Skills to oversee the delivery of activities
related to the Creative Enterprise Zone
Sustainability Capital Grant programme in consultation with
the Cabinet Member for Inclusive Economy and Equalities.