Decision details

Grant Panel Report Round 2 - 2012/13

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To summarise the funding recommendations that had been made by the Grant Panel for round 2 of the 2012/13 financial year and makes recommendations to Cabinet on the allocation of Match Funding.

Decision:

a)     Breckland Enterprise & Learning Account (BELA) Phase 4

 

That the Match Funding application for the amount of £15,000 be refused.

 

b)     Breckland Support Programme in Norfolk

 

1)     that the £80,000 grant from Norfolk County Council to deliver business start-up support throughout the District be accepted; and

 

2)     the request for additional funding of £20,000 per year for two years from Breckland’s Match Funding Reserve be refused.

Reasons for the decision:

See report.

Alternative options considered:

a)     Breckland Enterprise & Learning Account

 

·        To approve the match funding for Breckland Enterprise & Learning Account (BELA 4) to the value of £15,000.

 

·        To approve a lesser amount of match funding towards Breckland Enterprise & Learning Account (BELA 4).

 

·        To decline the match funding.

 

b)     Enterprise Support  Programme in Norfolk

 

·        To accept the £80k NCC grant and to authorise the release of £40k over a two year period to enable a high level of enhanced support for business start ups.

 

·        To accept the £80k NCC grant and to authorise the release of a lesser amount of additional funding which will enable a lower level of enhanced support for business start ups.

 

·        To accept the £80k NCC grant and not to authorise any additional funding and offer no additional support for business start ups after the initial training.

 

·        Not to accept the £80k NCC grant.

Report author: Daniel Cox, Mark Fretwell, Lindy Warmer

Publication date: 06/09/2012

Date of decision: 04/09/2012

Decided at meeting: 04/09/2012 - Cabinet

Effective from: 14/09/2012

Accompanying Documents: