Issue - meetings

(i)       award up to £35,000 to the Enhanced Business Support/Community Wealth Building support project;

(ii)      award up to £60,000 to undertake feasibility of a Community Bank/Micro Credit Scheme;

(iii)      award up to £105,000 to the Aberdeen City Council Events project;

(iv)     award up to £50,000 to Spectra; and

(v)      delegate authority to Chief Officer - City Growth, following consultation with Convenor and Vice-Convenor of Finance and Resources Committee, Director of Commissioning and Director of Resources, to award LACER grants of up to £25,000 for remaining LACER funds.

With reference to article 11 of the minute of meeting of the City Growth and Resources Committee of 21 June 2022, the Committee had before it a report by the Director of Commissioning which sought approval to allocate unspent monies from the Local Authority Covid Economic Recovery Fund.

The report recommended:-

that the Committee –

(a)      award up to £35,000 to the Enhanced Business Support/Community Wealth Building support project;

(b)      award up to £60,000 to undertake feasibility of a Community Bank/Micro Credit Scheme;

(c)      award up to £105,000 to the Aberdeen City Council Events project;

(d)      award up to £50,000 to Spectra; and

(e)      delegate authority to Chief Officer - City Growth, following consultation with the Convenor and Vice-Convenor of Finance and Resources Committee, Director of Commissioning and Director of Resources, to award LACER grants of up to £25,000 for remaining LACER funds.

The Committee resolved:-

to approve the recommendations.