Issue - meetings

The Divisional Director of Regeneration introduced a report on an opportunity to obtain match funding via the European Social Fund (ESF) to support the Council’s drive to help local residents into work through an Access to Sustainable Employment project. 

The Divisional Director explained that an indicative allocation of approximately £1.02m had been sought from the ESF for the period to March 2014 and that this would be matched from existing resources within the Regeneration and Economic Development Division budget.  The programme would be overseen by London Councils, who have managed previous ESF programmes in the Borough, and the Divisional Director advised that this should overcome any issues regarding the receipt of funds from the ESF.

Cabinet agreed:-

  (i)  To approve the Access to Sustainable Employment project as detailed in the report; and

  (ii)  To authorise the Corporate Director of Finance and Resources, in consultation with the Divisional Director of Legal and Democratic Services, to enter into an agreement with London Councils in the sum of £1,028,518 in respect of the ESF match funding.