5 GWYNEDD ECONOMIC DEVELOPMENT PROJECT
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Cabinet
Members – Councillors Nia Jeffreys and Dyfrig Siencyn
To submit a
report on the above.
Additional documents:
Decision:
To accept the report and note the
observations.
Minutes:
The Leader and officers from the Economy and Community Department were
welcomed to the meeting.
Submitted - the report of the Deputy Leader and Cabinet
Member for Economy Operational Matters invited the committee to scrutinise:-
·
The contents of the project
under the 'Prosperous Gwynedd' priority area in the Council Plan, which
aimed to create the best possible circumstances for businesses and community
enterprises to thrive, and support the people of Gwynedd into work; and
·
The progress of the Economy
and Community Department in implementing the project to trigger growth in
Gwynedd's economy.
The Leader set the context and the Head of Economy
and Community Department outlined the content of the report and the Economic Development Manager /
North Wales Shared Prosperity Fund Manager elaborated on the specific steps in
terms of support for businesses.
Since the time of writing the report, it was noted:-
·
That the process of
selecting projects that would receive funding from the Shared Prosperity Fund
had ended, and that over £3m would be distributed to businesses.
·
This was far below the 185
applications worth £10m that had been received, and should the Council have
more time and resources, then many more could certainly have been supported.
·
That the £1m available
through the Arfor programme had been distributed to 20 businesses and, once
again, the demand was much higher than the resources available.
Members
were then given an opportunity to ask questions and submit observations.
It was
noted that the UK Government's method of distributing funding from the Shared
Prosperity Fund was very defective. Specific
reference was made to the lack of regional and national projects, the lack of
strategy on a level higher than county level, the urgency to spend substantial
funding in a short period of time which meant prioritising projects that could
be realised quickly and the great uncertainty regarding what would happen after
April 2025. In response, it was noted
that some things were better provided on a national level, some on a regional
level, some on a county level and some on an even more local level, but that no
model was ideal. There was a need to
plan on which level allocations and decisions should be made, but there had
been no opportunity to do so in this case due to the timetable.
It was
enquired whether some proposals were funded in their entirety and the rest were
being refused, or whether there was an element of partially funding some
schemes. In response, it was noted that
it had been decided not to fund some proposals in their entirety to be able to
support more businesses, and that all of the partially funded businesses had
confirmed that it was possible for them to deliver their project within the
timetable with less funding.
It was asked whether the cost to the fund of employing additional officers to administrate the scheme included redundancy costs? A request was also made for information about the background of those officers and what would they be ... view the full minutes text for item 5