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Decision details
Item under APR15 ERDF Enterprise Support Scheme – Enterprising West of England
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
The Enterprising West of England (EWoE)
project is co-funded by ERDF and delivered by a consortium of
partners led by Business West and including the Council. It
provides business start up and early stage business support to
residents in disadvantaged areas of Bristol and from groups
under-represented in enterprise. Cabinet approval is required for
the grant/contract funding of delivery partners, and management of
ERDF and other local authorities contributions for the two main
cross-boundary work packages to be commissioned by the
Council
Decision:
1) Agreed that the Strategic Director for Resources endorse the Consortium Partners Agreement for the Enterprising West of England programme (already in delivery) to provide advice and support to start up and early stage businesses generating economic value and jobs in City of Bristol and West of England.
2) Agreed commitment of £300k revenue over 3 years from the Economic Development Enterprise Projects cost centre commencing in 2017/18 and approved a further £52k of match funding in kind (staff salary match).
3) Agreed management by the Council of related income streams for the programme comprising EU-ERDF grant and match funding contributions from South Gloucestershire Council and Bath & North East Somerset Council totalling £369,500 over 3 years and its payment to delivery partners and contractors, subject to their achievement of ERDF outputs validated by DCLG.
Report author: Ellie Milone
Publication date: 19/09/2017
Date of decision: 19/09/2017
Decided at meeting: 19/09/2017 - Cabinet
Effective from: 27/09/2017
Accompanying Documents:
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