Decision details

The Assistant Director for Regeneration and Economic Development agrees:

To award Puzzle Factory Ltd, a grant of £2,085 to improve insulation, make old IT equipment more efficient, and upgrade the Building Management System (BMS) subject to a grant agreement being entered in accordance with Contract Standing Order 17.3 (Approval for Payment of Grants from the Council to External Bodies).

The recommendation is to award a grant of £2,085 to Puzzle Factory Ltd to enable them to undertake some cost-effective but efficient measures that will reduce energy consumption and wastage.

This project’s application for a grant was recommended for approval by a panel of officers from Inclusive Economy and Carbon Management on 19 November 2024, following the internal evaluation according to the grant’s criteria.

The panel recommended approval for this application as the sum requested is relatively modest and if the outlined measures work as anticipated, they will have significant impact. If successful, these activities will act as great case studies for other businesses - creative and otherwise - to learn from.

This project has been recommended for approval based on the evaluation of an application and consideration by a panel of officers from Inclusive Economy and Carbon Management.

The evaluation process assesses applicants’ proposals on the contribution to core criteria of grants, LBH’s strategic objectives as set in Opportunity Haringey and the financial and operational competency of the applicant.
Failure to award this loan could lead to a less energy-efficient workspace that is more costly to run and less comfortable to work in as a business owner / frequent as a customer or client.