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Building Back Better

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This project has been removed from the SSF programme.

The project would have looked to increase the role of Social Enterprises, to achieve contracts and social investment, establish sustainability & viability through access to specialist navigation and mainstream (Growth Hub) business support. 

However, the key partner withdrew from the project meaning that the project could not be delivered as originally approved.

The Strategic Board were informed at the Strategic Board meeting on 21 October 2022.

 

Sector Support Fund

The Sector Support Fund (SSF) is a £500,000 per year pot to support one-off, discrete pieces of work of a pan-LEP nature with a sector focus that brings demonstrable benefit and has support across the LEP. At the June 2020 meeting a further £1 million was allocated to the SSF programme and it was extended until 31 March 2022 or when the fund is exhausted, whichever is sooner, The criteria was extended to ensure projects act to support the Covid-19 economic recovery and /or support the economy through the EU transition process.

It uses Growing Places Fund (GPF) Revenue grant to fund a programme of works to support the sector focussed activities that are being undertaken on a pan-LEP basis and predominantly led by the SELEP working groups. When the Growing Places Fund (GPF) grant was originally awarded, a proportion of the fund was earmarked as revenue which is being used for the Sector Support Fund.

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