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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Business Growth Programme 2 - Full Business Case
Reference:
005301/2018
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Corporate Director, Economy
Implementation Date (not before meeting on)
Tue 13 Nov 2018
Purpose
1. To accept an offer of European Regional Development (ERDF) grant of £8.9m to deliver to deliver a Business Growth Programme 2 (BGP2) for the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP) and The Marches LEP areas and for Birmingham City Council to act as the Accountable Body for the programme on behalf of 2 LEP areas. 2. To note that the BGP2 will provide a grant assistance programme targeted at up to 285 existing Small/Medium Enterprises (SME’s), specifically supply chain businesses (especially HS2 and Commonwealth Games 2022 Suppliers) where they are purchasing new plant/ equipment, relocating to new premises, developing new products and processes, systems and marketing, especially where there are green benefits (i.e. energy efficiency). BGP2 will also target 143 new business start-ups.
Key Portfolio
Education, Skills and Culture
Include item on Forward Plan/ Key Decision
Yes
Decision Maker
Reason For Key Decision
over £1m capital
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet
Directorate
Economy
Other Information
Private Reason
Decision Outcome

On 13 November 2018, Cabinet:-

 

(i) Subject to confirmation of funding from the Ministry of Housing, Communities and Local Government (MHCLG), approved the Full Business Case (FBC) (attached at Appendix 1 to the report) for the Business Growth Programme 2 (BGP2) European Regional Development Fund (ERDF) project, which will provide a comprehensive grant assistance package to support Small and Medium Enterprises (SMEs) across the Greater Birmingham and Solihull Local Enterprise Partnership and The Marches LEP areas for the period from January 2019 to the end of March 2022;

(ii) Subject to confirmation of funding from the MHCLG, approved the City Council acting as the Accountable Body for the BGP and accepted the offer of ERDF grant of £8.9m, which is being matched against an equivalent amount of public and private sector expenditure;

(iii) Subject to confirmation of funding from the MHCLG, agreed to delegate the award of specific financial assistance grants between £2,500 to £1m per SME up to the total programme value of £7.486m to the Corporate Director, Economy;

(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.

Rating:
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
Is Decision County Wide:
No
Would the recommended decision be contrary to the budget and policy framework:
No
Further Information:
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Acocks Green; Allens Cross; Alum Rock; Aston; Balsall Heath West; Bartley Green; Billesley; Birchfield; Bordesely & Highgate; Bordesely Green; Bournbrook & Selly Park; Bournville & Cotteridge; Brandwood & Kings Heath; Bromford & Hodge Hill; Castle Vale; Druids Heath & Monyhull; Edgbaston; Erdington; Frankley Great Park; Garretts Green; Glebe Farm & Tile Cross; Gravelly Hill; Hall Green North; Hall Green South; Handsworth; Handsworth Wood; Harborne; Heartlands; Highter's Heath; Holyhead; Kings Norton North; Kings Norton South; Kingstanding; Ladywood; Longbridge & West Heath; Lozells; Moseley; Nechells; Newtown; North Edgbaston; Northfield; Oscott; Perry Barr; Perry Common; Pype Hayes; Quinton; Rubery & Rednall; Shard End; Sheldon; Small Heath; Soho & Jewellery Quarter; South Yardley; Sparkbrook & Balsall Heath East; Sparkhill; Stirchley; Stockland Green; Sutton Four Oaks; Sutton Mere Green; Sutton Reddicap; Sutton Roughley; Sutton Trinity; Sutton Vesey; Sutton Walmley & Minworth; Sutton Wylde Green; Tyseley & Hay Mills; Ward End; Weoley & Selly Oak; Yardley East; Yardley West & Stechford

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee

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This section displays the history of the Decision.

Decision History

DateTimeCreatedUserFullnameStatusDescriptionDetails
Page size:
 99 items in 10 pages
25/06/2018 12:58:18Janet HinksBusiness Item Created 
25/06/2018 12:58:18Janet HinksCommittee AddedCabinet
25/06/2018 12:58:18Janet HinksMeeting Added14/08/2018 10:00AM
25/06/2018 12:58:18Janet HinksOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
25/06/2018 12:58:24Janet HinksWorkflow AssignedWorkflow ID 0C7479D3-23D2-42C3-976D-7FDC26FA9656
25/06/2018 12:58:49Janet HinksWard AddedAcocks Green
25/06/2018 12:58:49Janet HinksWard AddedAllens Cross
25/06/2018 12:58:49Janet HinksWard AddedAlum Rock
25/06/2018 12:58:49Janet HinksWard AddedAston
25/06/2018 12:58:49Janet HinksWard AddedBalsall Heath West

Approval/Comments

Workflow ActionUserRequested DateResponse Due DateResponded DateResponseResponse Comment
Approve Janet Hinks Mon 25 Jun 2018 - 01:03 Fri 31 Dec 9999 Mon 25 Jun 2018 - 01:03 Accepted