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Small Business Grants

Meeting: 16/05/2017 - Council (Item 14)

14 Small Business Grants pdf icon PDF 217 KB

(The Report of the Portfolio Holder for Regeneration)

Additional documents:

Minutes:

The Portfolio Holder for Regeneration seeking approval by Members on a Start-Up Business Grant scheme that was approved at Cabinet on the 6th April. The Grant will be available for individuals wishing to start up in self-employment or business and young businesses that have been trading for no more than 3 years. The report seeks approval for amendments to Grants sub-committee constitution by full Council.

 

RESOLVED:

That the Members

1

 

understand the principles what the start-up Business Grants are;

 

2

agreed to amend the Cabinet (Grants) Sub Committee constitution to include the addition of the Start-up Business Grants Scheme;

 

3

agreed that Cabinet (Grants) Sub Committee makes final decisions on all Start Up Business Grants applied for on a quarterly basis;

 

4

are aware that the Start Up Grants Scheme will be available up to a total of £20,000 per annum subject to annual budget agreements and reviews up until 31st March 2010;

 

5

agreed that the impact and need for a Business Grants Scheme be reviewed on an annual basis through the business planning process and relevant key performance indicators; and

 

6

agreed that after 3 years, a report on the success of the project be formally reported to Council, detailing at a minimum impact, outcomes and learning.

 

 

(Moved by Councillor S Claymore and seconded by Councillor D Cook)