Issue - meetings

Shared Prosperity Fund Programme - Governance Arrangements

Meeting: 24/01/2023 - The Executive (Item 10)

10 Delivery of the UK Government’s Shared Prosperity Fund pdf icon PDF 779 KB

To submit a report by the Head of Regulation and Economic Development.

Additional documents:

Decision:

It was resolved to delegate authority to the Leader in consultation with the Portfolio Holders for Economic Development and Major Projects and Finance, for all Executive decisions which may be required in relation to the SPF on Anglesey (for the duration of the funding).

 

 

Minutes:

The report of the Head of Regulation and Economic Development which sought the Executive’s approval in respect of the Delivery of the UK Government’s Shared Prosperity Fund was presented for consideration.

 

The Deputy Leader and Portfolio Member for Economic Development, Leisure and Tourism said that local government is expected, in developing the programme, to engage with stakeholders including the third sector and business community and to provide opportunities for organisations to secure resources from the programme to deliver against its priorities.  He further said that Gwynedd Council will act as the regional lead authority for the programme.  He also referred to the Levelling Up programme in Holyhead and the work undertaken by the Authority together with partner organisations in Holyhead. 

 

The Economic Development Manager reported that the UK Government has now launched the Shared Prosperity Fund as a domestically-funded replacement to the European programmes.  He further said that the funding from the Fund is £16m with £3m of that fund towards Multiply programme. 

 

It was RESOLVED to delegate authority to the Leader in consultation with the Portfolio Holders for Economic Development and Major Projects and Finance, for all Executive decisions which may be required in relation to the SPF on Anglesey (for the duration of the funding).