Update on Shared Prosperity Fund and Levelling Up Fund
Minutes:
The Business Growth Manager provided a verbal report to Members on current progress against the funding bids submitted.
As noted by the officer in discussion of the previous item, the Council’s allocation from the UK Shared Prosperity Fund had now been formally signed off and work could progress on the action plans.
Officers were still waiting to receive confirmation in relation to the Levelling Up Fund bid submitted for Bolsover town. If the bid was successful, it would likely require an urgent report to Executive for approval so work could progress in accordance with the funding criteria.
Moved by Councillor Derek Adams and seconded by Councillor Tracey Cannon.
RESOLVED that the verbal report be noted.
(Assistant Director of Development & Planning/ Business Growth Manager)