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RESOLVED that Cabinet –
 
a)   
formally accepts £197,761.00 from the Rural England
Prosperity Fund for 2025 to 2026;
 
b)   
approves the allocation of £120,000.00 for the Rural England
Prosperity Fund Business Grants Scheme and further approves the
allocation of £77,761.00 for the Rural England Prosperity
Fund Community Grants Scheme;
 
c)   
approves the criteria for the assessment of grants for both Schemes
under the Rural England Prosperity Fund, as set out in Appendix A
to the Portfolio Holder’s report (A.1);
 
d)   
authorises the Portfolio Holder for Economic Growth, Regeneration
and Tourism and the Portfolio Holder for Arts, Culture and Heritage
to approve the award of grants to organisations under the Rural
England Prosperity Fund in line with its sister fund’s (the
UK Shared Prosperity Fund) criteria; and
 
e)   
acknowledges that the documentation to accept the grant funding
from Government will require signing by the Council’s Section
151 Officer, and which will be undertaken following that
Officer’s consultation with the Portfolio Holder for Economic
Growth and Tourism.