Purpose

To fund a grant scheme to support businesses
in the borough.

Decision

The Director of Transformation and Change
submitted a report to fund a grant scheme to support businesses in
the borough.
 
Decisions
 
The Planning Policy and Economic Development
Portfolio Holder and the Resources Portfolio Holder
agreed:
 

That authorisation is given to the
Director of Transformation and Change in consultation with the
S.151 Officer to approve the award of business grants and to enter
into suitable grant funding agreements or contracts.

 

That the revenue budget be updated
to reflect the grant scheme spend profile, which is split over two
financial years as follows: 2025/26 £25,000 and 2026/27
£25,000.