10.1 The Lead Member considered a report by the Director of Communities, Economy and Transport.
DECISIONS
10.2 The Lead Member RESOLVED to: (1) Approve the County Council acting as the Local Accountable Body for successful South East Local Enterprise Partnership (SELEP) Sector Support Fund projects and to enter into a legal grant agreement to transfer the Sector Support Fund grant monies as approved by SELEP;
(2) Delegate authority to the Director of Communities, Economy and Transport to agree the terms of, and enter into, any relevant agreements with Essex County Council as the SELEP’s Lead Accountable Body, necessary to secure the funding and enter into subsequent legal grant agreements with lead project sponsors; and
(3) Delegate authority to the Director of Communities, Economy and Transport to approve the terms of any such agreements and to take all other necessary actions in respect of recommendations 1 and 2 above.
Reasons
10.3 The Sector Support Fund (SSF) supports one-off, discrete pieces of work of a pan-LEP nature with a sector focus that bring demonstrable benefits and have support across the LEP. It will facilitate outcomes that align with SELEPs overarching strategic objectives to create the conditions for increased jobs and homes, safeguarding existing jobs and raising skill levels. Being pan-LEP it will result in benefits to the East Sussex economy, regardless of the location of the project lead/promoter.