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Details
Business Item
COVID Recovery Business Support Programme
Date of Decision
Tue 2 Mar 2021
Description
Report of the Deputy Leader and Cabinet Member with responsibility for Economic Development
Matter for Decision (to consider...)
That the outline proposals for the partial use of the unallocated £1.65m of the Additional Restrictions Grant, to provide a package of longer-term business support measures to support economic recovery, post Covid, be approved and delegated authority be given to the Strategic Director, in consultation with the Cabinet Members with responsibility for Economic Development and Resources, to fully develop and implement these measures.
Service Area
Economic Development & Regeneration
Service Area 2
Not Applicable
Background Papers:
As detailed in the attached report
Is Decision District Wide
Yes
Decision Made
That the outline proposals for the partial use of the unallocated £1.65m of the Additional Restrictions Grant, to provide a package of longer-term business support measures to support economic recovery, post Covid, be approved and delegated authority be given to the Strategic Director, in consultation with the Cabinet Members with responsibility for Economic Development and Resources, to fully develop and implement these measures.
Reason for Decision
To support the District’s businesses and the wider economy during the economic recovery phase, it was proposed that the Council took advantage of the ability to use the ARG fund to support longer-term business support measures. These measures were focussed on supporting small and medium sized business which make up the majority of the East Suffolk business stock and were developed based on identified need through discussions with businesses directly and business support agencies.
Alternative Options Considered and Rejected
The other option considered was not to develop a business support programme based on available ARG funding. This was discounted as it would not offer additional longer-term business recovery support which will be crucial as the local economy emerges from lockdown and other trading restrictions during 2021. Furthermore, without this business support programme it was likely that there would be a significant underspend on the ARG fund allocated to the District, with the potential that this funding would be required to be handed back to Government rather than supporting economic recovery in East Suffolk.
Any Declarations of Interest Declared
None.
Any Dispensation Granted
None.
Decision Criteria
This Decision does not contain any decision criteria records.
Wards
Aldeburgh and Leiston; Beccles and Worlingham; Bungay and Wainford; Carlford and Fynn Valley; Carlton and Whitton; Carlton Colville; Deben; Eastern Felixstowe; Framlingham; Gunton and St Margarets; Halesworth and Blything; Harbour and Normanston; Kelsale and Yoxford; Kesgrave; Kessingland; Kirkley and Pakefield; Lothingland; Martlesham and Purdis Farm; Melton; Orwell and Villages; Oulton Broad; Rendlesham and Orford; Rushmere St Andrew; Saxmundham; Southwold; Western Felixstowe; Wickham Market; Woodbridge; Wrentham, Wangford and Westleton
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
This Decision does not contain any Overview and Scrutiny records.
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Decision History
17/02/2021 14:51:09 | Matt Makin | Business Item Created | |
17/02/2021 14:51:09 | Matt Makin | Committee Added | Cabinet |
17/02/2021 14:51:09 | Matt Makin | Meeting Added | 02/03/2021 6:30PM |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Aldeburgh and Leiston |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Beccles and Worlingham |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Bungay and Wainford |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Carlford and Fynn Valley |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Carlton and Whitton |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Carlton Colville |
17/02/2021 14:54:03 | Matt Makin | Ward Added | Deben |
Approval/Comments
No history found.