Decision details

Approval of UK Shared Prosperity Fund (UKSPF) scheme for SME workspace in Bury following successful review and due diligence and award of £1,270,423 of UKSPF.

Decision Maker: Chief Executive Officer GMCA & TfGM

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

In January 2023, GMCA approved grant awards of UKSPF for 8 SME workspace proposals in Greater Manchester. The report also identified other schemes that required review and due diligence before progressing. This was delegated to the GMCA Chief Executive, Monitoring Officer and Treasurer.

Following further development one of those schemes, Radcliffe Enterprise Centre has now passed the threshold for UKSPF grant funding and using the delegated powers set out in the GMCA report of January 2023, GMCA’s Chief Executive is content to approve UKSPF grant funding of up to £1,270,423 for the Radcliffe Enterprise Centre to create SME workspace.

Decision:

The proposal for SME workspace at Radcliffe Enterprise Centre in Bury is awarded £1,270,423 of Greater Manchester’s UKSPF to support Local Business under UKSPF priority E22.






Publication date: 15/09/2023

Date of decision: 14/09/2023

Effective from: 23/09/2023

Accompanying Documents: