Cabinet resolved to:
(i) Agree the proposed establishment of a Social Enterprise to run the Barking Enterprise Centre and Foyer annexe;
(ii) Delegate authority to the Chief Executive, in consultation with the Cabinet Member for Regeneration, the Head of Legal and Democratic Services and the Chief Finance Officer, to agree the final details of the establishment of the Social Enterprise;
(iii) Agree to the Foyer Annexe being used for small business space under the management of the Barking Enterprise Centre; and
(iv) Agree to utilise New Homes Bonus Top Slice funding to meet the cost of the fit out work for the Foyer annexe and for Agilisys’ revenue costs for associated business support between April 2015 and the start of the new service.