Decision details

Grant Acceptance – York & North Yorkshire Growth Hub Business Support Service

Decision Maker: Executive Member for Open to Business

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider approval for grant acceptance of the grant funding provided by Department for Business and Trade, to provide the Growth Hub Business Support service across York and North Yorkshire for the financial year 1 April 2023 to 31 March 2024. The service is provided by York and North Yorkshire Local Enterprise Partnership, for whom North Yorkshire Council acts as Accountable Body.

Decision:

Acceptance of the grant in the sum of £298,250 from Department for Business and Trade to provide the Yorkshire and North Yorkshire Growth Hub business support service to continue during 2023/2024 for the benefit of businesses across York and North Yorkshire.

Reasons for the decision:

To maximise the opportunity to access Department for Business and Trade funding into the York and North Yorkshire area for delivery of the Growth Hub free business support service. The programme provides free business support to enable local economic growth which can be accessed by all businesses in York and North Yorkshire.

Alternative options considered:

The alternative would be to decline the grant, which would result in being unable to provide the level of service expected by Government, through the DBT approach to delivery of local business support through Mayoral Combined Authorities/Local Enterprise Partnerships.

Publication date: 16/08/2023

Date of decision: 09/08/2023

Accompanying Documents: