Decision details

LCR 146 - Growth Hub Supplementary Funding

Decision Maker: Liverpool City Region Combined Authority

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The LCR Combined Authority has been awarded supplementary funding of £329,000 for the 2020/21 financial year from the Department for Business, Energy and Industrial Strategy (BEIS). This is additional funding to support the LCR Growth Company deliver the ‘Growth Hub’ programme. The Combined Authority has previously approved the initial funding allocation of £451,000.

Decision:

The Liverpool City Region Combined Authority RESOLVED that:-

 

(i)        the award of £404,000 to the Liverpool City Region Growth Company, via the Liverpool City Region Combined Authority as its accountable body, to support the Local Energy North West Hub be noted;

 

(ii)       the award of £580,942 to the Liverpool City Region Growth Company, via the Liverpool City Region Combined Authority as its accountable body, to support the ‘Careers and Enterprise’ programme across the Liverpool City Region be noted;

 

(iii)      the award of £329,000 to the Liverpool City Region Growth Company, via the Liverpool City Region Combined Authority as its accountable body, to support the ‘Supplementary Growth Hub’ programme across the Liverpool City Region be noted; and

 

(iv)      this funding be transferred to the Liverpool City Region Growth Company to enable it deliver the measures set out within the offer letter.

 

Publication date: 25/09/2020

Date of decision: 25/09/2020

Effective from: 03/10/2020

Accompanying Documents: