Rural England Prosperity Fund Grants - Level 3 Business Applications

August 5, 2024 Lead Cabinet member for Resources (Cabinet member) Approved View on council website
Full council record
Purpose

On 29
July 2024 the Grants Advisory Committee reviewed 20 Rural England
Prosperity Fund applications received. The applications were brought forward in Appendix A of the

meeting reports pack. Of
these, 11 were Business applications (listed in Part II of Appendix
A) and two of the Business applications requested funding amounts
of Level 3 value. This notice provides details of the decision
regarding the Business applications requesting Level 3
funding.
 
After
consideration of these applications, the Committee recommended to
the Lead Cabinet Member for Resources that:
 

1.    
Horningsea Community Interest Company (SFBMLNWT)
be approved and funded at the full amount requested
of £40,000.
 

2.    
Jacks Gelato (THKTVNXH) be deferred,
pending further information -please see the ‘Other
options considered and reasons for rejection’
section.

Content

To
accept the recommendations of the Grants Advisory Committee (see
above).

Details

OutcomeRecommendations Approved
Decision date5 Aug 2024
Subject to call-inYes