Issue - meetings

Consideration has been given to the outcome of the Council’s submission of a shortlist of bids to the Department for Levelling Up, Housing & Communities (DLUHC) seeking funding under the Community Renewal Fund.

RESOLVED -

(i)

That the outcome of the Council’s submission of a shortlist of bids to DLUHC, whereby the following four bids were allocated Community Renewal funding totalling £2,184,800 be noted.

·        Gateshead Riverside Partnership - £550,000

·        Future You - £733,937

·        Immex City - £732,473

·        Future Markets Accelerator Programme - £128,247

(ii)

That the Strategic Director Economy Innovation & Growth, following consultation with the Strategic Director, Resources & Digital and Strategic Director, Corporate Services & Governance be authorised to agree the terms of a resulting contract with DLUHC and ‘pass down’ contracts with successful bidders.     

The above decisions have been made for the following reasons:

(A)

To enable access to monies from the Community Renewal Fund to benefit local residents and businesses.

(B)

To pursue opportunities to influence the Shared Prosperity Fund.

(C)

To enable successful bidders to deliver activity in Gateshead that will contribute to local priorities.