Decision details

1.                    That the recommendations of the GM UKSPF Local Partnership Board on the strategic fit and deliverability of the UKSPF proposal for the creation of an Inclusive Ownership Platform and associated business support activity be approved.

2.                    That authority be delegated to the GMCA Treasurer, in consultation with the Portfolio Lead for the Economy, Business and International and Portfolio Lead for Resources and Investment, to approve the procurement method and subsequent award of contract(s) worth £825,000 across the following indicative allocations:

·         £460,000 for specialist support activities which address gaps or weaknesses in the current support available to inclusively owned businesses: and

·         £365,000 for the creation and management of the GM Inclusive Ownership Platform, delivering the UKSPF outputs and outcomes described in this report.