Decision details

Approval to submit a bid to Innovate UK: Net Zero Living Fund

Decision Maker: Executive Member for Open to Business

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To request approval to submit a bid to Innovate UK: Net Zero Living Fund – Fast Followers and to delegate authority to the Corporate Directors of Business and Environmental Services and Strategic Resources to approve the final submission by 1st March 2023

Decision:

The Executive Member for Open to Business:
i.Authorised the submission of an application by NYCC for grant funding of up to £300K covering two financial years 2023/24 and 2024/25;
ii.Delegated approval of the final content of the application to the Corporate Director (Business and Environmental Services)
iii.Delegated the acceptance of any grant funding offered as a result of this application to the Corporate Director - Strategic Resources following consultation with the Corporate Director - Business and Environmental Services and the Assistant Chief Executive (Legal and Democratic Services), subject to acceptable terms and conditions being received

Reasons for the decision:

To support the implementation of the Carbon Reduction Plan.

Alternative options considered:

(a)Not to apply – rejected as would be a missed opportunity
(b)A range of projects were considered and the green hydrogen project was selected as the most appropriate for the fund.

Publication date: 28/02/2023

Date of decision: 28/02/2023

Accompanying Documents: