Issue - decisions
UK Shared Prosperity Fund and Rural England Prosperity Fund update
07/02/2025 - UK Shared Prosperity Fund and Rural England Prosperity Fund update February 2025
The purpose of the report was to update Cabinet on the delivery of UK Shared Prosperity Fund and Rural England Prosperity Fund projects to date and seek approval for the approach to the delivery of UKSPF projects in 2025/26 along with the necessary delegations.
In Councillor Wilkinson’s absence Councillor Harris, Leader of the Council, introduced the item.
The recommendations were proposed by Councillor Harris, Leader, and seconded by Councillor Layton, Cabinet Member for Housing and Planning. This proposal was put to the vote and agreed by Cabinet.
RESOLVED that Cabinet :
1. Noted the progress with the delivery of UKSPF and REPF projects to date.
2. Noted that the Council has been awarded UKSPF funding of £327,146 for 2025/26.
3. Agreed to allocate up to £140,000 of funding for 2025/26 to Cirencester Growth Hub and up to £50,000 to a local employment and skills project
4. Delegated authority to the Chief Executive, in consultation with the Cabinet Member for Economy and Environment, to allocate the remaining funding, having regard to the recommendations of the UKSPF Assessment Panel.
Voting Record 5 For, 0 Against, 0 Abstention