|
On 13 November 2018, Cabinet:-
(i) Subject to confirmation of funding from the Department for Works and Pensions, approved the Full Business Case (FBC) (attached at Appendix 1 to the report) for the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) Skills Fund European Social Fund (ESF) project, which will provide training grants to Small/ Medium Enterprises (SMEs) across the GBSLEP area for the period from 1st December 2018 to 31st March 2022;
(ii) Subject to confirmation of funding from the Department for Works and Pensions, approved the City Council acting as the Accountable Body for the GBSLEP Skills Fund and agreed to delegate to the Cabinet Member – Education, Skills & Culture, the Chief Finance Officer and the Corporate Director; Economy authority to accept the final offer of ESF revenue grant of up to £6m;
(iii) Subject to confirmation of funding from the Department for Works and Pensions, agreed to delegate the award of specific training support of between £500 and £18,000 per SME up to the total of £5.642m, to the Head of Business Enterprise and Innovation subject to compliance with the process set out in paragraph 3.5 and Appendix 3 to the report;
(iv) Authorised the City Solicitor to negotiate, execute and complete all necessary documents to give effect to the above decisions.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON MONDAY
19 NOVEMEBR 2018.
|