Issue - meetings

Consideration has been given to recommendations from the Gateshead Innovation and Development Fund Panel, concerning applications made by organisations seeking support from the Fund.

RESOLVED -

(i)

That the recommendations for the Gateshead Innovation and Development Fund, as set out in appendix 2 to the report be approved.

(ii)

That the Acting Strategic Director, Communities and Environment, following consultation with the Portfolio Holder for Communities and Volunteering and the Chair of Gateshead Innovation and Development Fund Advisory Panel, be authorised to determine the deferred funding applications as set out in appendix 2 to the report.

(iii)

That the implementation of a further round of the Fund as set out in paragraph 8 of the report be approved.

The above decisions have been made for the following reasons:

(A)

To help establish stronger, impactful organisations at the heart of Gateshead communities that are better placed to help deliver the Council’s Thrive programme.

(B)

To enable appropriate due diligence to take place with successful applicants ahead of formal funding offers being made.