Issue - meetings

Regional Growth Fund Bid to Support Business Start Ups and Growth

Meeting: 20/11/2012 - Cabinet (Item 82)

82 Regional Growth Fund Bid to Support Business Start Ups and Growth pdf icon PDF 69 KB

Report of the Cabinet Member for Communities seeking approval to receive the grant from the Department for Business, Innovation and Skills.

 

NOTE: that this item is brought to Cabinet in line with paragraph 16 of the Council’s Access to Information Procedure Rules.

Minutes:

DECISION MADE: (Ref: CAB 12/13 9489)

 

On consideration of the report of the Cabinet Member for Communities, Cabinet agreed the following, having complied with the requirements of Rule 16 (urgency) of the Access to Information Procedure Rules:

 

(i)  To accept, in accordance with Financial Procedure Rules, the Regional Growth Fund grant of £2 million from the Department for Business, Innovation and Skills, and act as Lead Accountable Body for the administration of the funds.

(ii)  To delegate authority to the Director of Environment and Economy, following consultation with the Leader, Head of Legal, HR, Democratic Services and Solent LEP, to undertake such actions necessary to enable the successful delivery of the project.