Agenda and draft minutes

To consider the admission of any items of urgent business. New items of urgent business will be considered under Item 3 below.  

There were no items of urgent business.

(Report of the Director of Regeneration, Planning and Development). The report seeks approval of proposed projects for submission to the London Enterprise Panel.

The Cabinet Member for Economic Development, Social Inclusion and Sustainability considered a report, previously circulated, which sought approval of proposed projects to bid for funding for from the London Enterprise Panel (LEP).

RESOLVED:

That the proposed projects, outlined in the report, be approved for submission to the London Enterprise Panel.

Alternative options considered

The option not to submit proposals, because of the tight timeframe and because the Economic Development and Growth Strategy has not yet been finalised was considered and rejected as it would have meant forgoing the £1.7m investment.

Consideration was also given to submitting proposals under other LEP priorities including Apprenticeships, Skills and Training, Unlocking Development and Digital, Creative, Science and Technology (DCST). The first two were rejected because funds are already available to address these issues through other sources. DCST activity will be supported through the Places of Work/ Business Support project as we will be prioritising these sectors when developing our workspace offer.

Reasons for decision

The LEP requires that councils submit projects for approval by the end of August     2014. It is therefore necessary to agree the proposals outlined in order to secure the £1.7m investment from the LEP. 

To consider the admission of any new items of urgent business admitted under Item 1 above.

There were no new items of urgent business.