Issue 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.

 

 

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 type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Notice of proposed decision first published: 15/09/2023

Decision due: 14 Sep 2023 by Chief Executive Officer GMCA & TfGM

Contact: Nicola Ward Email: nicola.ward@greatermanchester-ca.gov.uk.

Decisions

Background papers