UK Shared Prosperity Fund Direct Allocations
December 6, 2023 Cabinet Member for Economic Inclusion (Cabinet member) Key decision Approved View on council websiteThis 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
The Cabinet Member for Economic Inclusion authorised officers to enter into a grant agreement with the Greater London Authority on 06/12/2023 for the UK Shared Prosperity Fund allocation. The decision noted proposals for spending the £1,747,006 allocation for Supporting Local Business and Communities and Place activity. Delegated authority was provided to the Director of Economy, Culture and Skills to oversee project selection, procurement, and delivery.
Full council record
Decision
1.
To authorise officers to enter into the grant agreement in with the
Greater London Authority in December 2023 for the £1,747,006
UK Shared Prosperity Fund allocation for
the delivery of Supporting Local Business and Communities and Place
activity during the grant period across the financial years
22/23-24/25.
2.
To note the proposals for spending
the £1,747,006 UK Shared
Prosperity Fund allocation for the delivery of Supporting Local
Business and Communities and Place activity during the grant period
across the financial years 22/23-24/25.
3.
To note the proposals for the indicative £789,000
UK Shared Prosperity Fund allocation paid
via Central London Forward for the delivery of People and Skills
activity during the grant period across the financial years
22/23-24/25.
4.
To provide delegated authority to the Director of Economy, Culture
and Skills to oversee and approve the selection of projects for
funding, procurement and delivery of
activities under the UK Shared Prosperity Fund programme in
consultation with the Cabinet Member for Inclusive Economy and
Equalities.
Details
| Outcome | Recommendations Approved |
| Decision date | 6 Dec 2023 |
| Effective from | 14 Dec 2023 |
| Subject to call-in | Yes |