Decision Details

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Details

Status:
Implemented
Business Item
COVID Recovery Business Support Programme
Ref.
ES/0684
Is a Key Decision:
Yes
Decision Type:
Committee
Decision Maker:
Cabinet
Date of Decision
Tue 2 Mar 2021
Show on Forward Plan
Yes
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
Contact for Background Papers:

Paul Wood

Head of Economic Development and Regeneration

paul.wood@eastsuffolk.gov.uk

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

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Overview and Scrutiny

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Decision History

DateTimeCreatedUserFullnameStatusDescriptionDetails
 Page 1 of 5, items 1 to 10 of 45.
17/02/2021 14:51:09Matt MakinBusiness Item Created 
17/02/2021 14:51:09Matt MakinCommittee AddedCabinet
17/02/2021 14:51:09Matt MakinMeeting Added02/03/2021 6:30PM
17/02/2021 14:54:03Matt MakinWard AddedAldeburgh and Leiston
17/02/2021 14:54:03Matt MakinWard AddedBeccles and Worlingham
17/02/2021 14:54:03Matt MakinWard AddedBungay and Wainford
17/02/2021 14:54:03Matt MakinWard AddedCarlford and Fynn Valley
17/02/2021 14:54:03Matt MakinWard AddedCarlton and Whitton
17/02/2021 14:54:03Matt MakinWard AddedCarlton Colville
17/02/2021 14:54:03Matt MakinWard AddedDeben

Approval/Comments

No history found.