Decision - ERDF Business Support Programme
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Decision details
ERDF Business Support Programme
Decision Maker: Tourism, Development & Culture Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
This report seeks committee approval for BHCC
to manage the business grant element of the project and approval to
change the start date for the BHCC match funds from 2018/19 to
2019/20 for three-years
Decision:
That Committee:
1) Approves the proposal for the Council to manage the £2.865 million business grants fund which forms one element of the European Regional Development Fund (ERDF) Business Support Programme led by the University of Chichester.
2) Grants delegated authority to the Executive Director Economy Environment and Culture to enter into the agreements necessary to put the recommendation set out in 2.1 into effect, including:
(i) A grant management agreement with the University of Chichester; and;
(ii) Grant agreements with the recipients of the business grant fund.
3) Notes the delayed start to the ERDF Business Support Programme and agrees that the Council’s match funding contribution of £90,000 will now be made from 2019/ 2020 to 2021/2022.
Report author: Cheryl Finella
Publication date: 21/06/2019
Date of decision: 20/06/2019
Decided at meeting: 20/06/2019 - Tourism, Development & Culture Committee
Accompanying Documents: