UK Shared Prosperity Fund allocation for innovation funding (2024 to 2025)

May 10, 2024 Portfolio Holder for Resources (Cabinet member) Approved View on council website
Full council record

Purpose

The Portfolio Holder for Resources will be
asked to implement the UK Shared Prosperity Fund (UKSPF) 2024-2025
allocation for intervention E21 (innovation funding). This will be
to allocate £20,698 to West Suffolk College towards the
purchase of a CNC (computer numerical control) lathe for use in the
College’s University and Professional Development Centre.

Decision

Resolved:
 
That the UK Shared Prosperity Fund allocation
for intervention E21 (innovation funding) (2024 to 2025) be
implemented as follows, in line with the Council’s UKSPF
investment plan:
 
£20,698 to West Suffolk College towards
the purchase of a CNC (computer numerical control) lathe for use in
the College’s University and Professional Development
Centre.

Supporting Documents

CAB.WS.24.022 UKSPF Allocation for Innovation Funding 2024-2025.pdf

Details

OutcomeRecommendations Approved
Decision date10 May 2024
Subject to call-inYes