Approve Supporting Sheffield: Business & Social Enterprise, Culture & Visitor Economy Year 2 and award £1.765m to Sheffield City Council

April 7, 2026 Executive Director of Growth, Business and Skills (Officer) Key decision Approved View on council website

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Summary

Executive Director of Growth, Business and Skills approved the recommendation on 07/04/2026. The decision was to approve the award of £1.765m to Sheffield City Council for Supporting Sheffield: Business & Social Enterprise, Culture & Visitor Economy Year 2. The funding source is Local Growth Fund and Gainshare.

Full council record

Purpose

On 27 January 2026 the MCA Board Delegated authority to the Executive Director of Growth, Business and Skills in consultation with Section 73 and Monitoring Officer to progress proposals for utilising the Local Growth Fund in 2026/27 plus £1m Sheffield City Council’s gainshare allocation to full approval and award of grants.

On 18 March 2026 the Investment Board recommended full approval and award of £1.765m grant.

Decision

Option 1 – Approve the recommendation

Alternative options considered

1. Approve the recommendation
2. Reject the recommendation

Supporting Documents

LGF Gainshare Supporting Sheffield.pdf

Details

OutcomeRecommendations Approved
Decision date7 Apr 2026