The Investment Panel has responsibility for the prioritisation of projects following an approach agreed by the SELEP Strategic Board.
The Panel’s role is to make appropriate recommendations to the Accountability Board or the Strategic Board as appropriate. The Panel is responsible for:
- Reviewing the initial list of projects put forward for investment by each of the Federated Boards and which have been through an initial independent review process;
- Conducting a prioritisation process of those projects requiring investment based on an approach agreed by the Strategic Board and in accordance with the SELEP Assurance Framework; and
- Making recommendations for the provisional allocation of funding to projects prioritised by the Panel.
The final award of funding is subject to an Accountability Board decision.