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Issue - meetings

Investment Plan Multiply

Meeting: 07/06/2022 - Decision Session - Executive Member for Culture, Leisure and Communities (Item 4)

4 Multiply Investment Plan (10:04am) pdf icon PDF 423 KB

This report sets out the basis for York’s approach to the Multiply strand of the UK Shared prosperity Fund, in collaboration with North Yorkshire County Council, so that an investment plan may be drawn up for submission to the Department for Education (DfE).

 

Additional documents:

Decision:

Resolved:

(i)   That in principle the submission of the investment plan, as set out in the Annex to the report, be approved.

(ii) That authority be delegated to the Director of Customer and Communities to agree the final version of the plan for sign off by the Chief Operating Officer for submission to the Department for Education (DfE) by 30 June 2022.

Reason: To facilitate the finalisation of an agreed plan that will then release funds for the project.

 

Minutes:

The Executive Member considered a report that set out the basis for York’s approach to the Multiply strand of the UK Shared Prosperity Fund, in collaboration with North Yorkshire County Council (NYCC), so that an investment plan could be drawn up for submission to the Department for Education (DfE).

The Shared Head of Adult Learning and Skills (York and North Yorkshire) and the Assistant Director of Customer and Communities stated that:

·        The overall objective of Multiply was to increase the levels of maths (GCSE equivalent) in the adult population across the UK.

·        York had been awarded £741,000 over a three-year period, commencing from September 2022.

·        The funding was to be allocated and used based on an evaluation of need and was to be returned in the form of an investment plan to the DfE by 30 June 2022.

·        It could be possible to decouple York’s investment plan from North Yorkshire County Council but the administrative elements of the funding could not exceed 10%, therefore it was more effective and efficient to work collaboratively.

·        Engagement with hard to reach communities and individuals who were currently in work, on low wages or with low levels of qualifications would be through large employers and  community touch points, these were areas where individuals naturally came together. 

·        The investment plan had to demonstrate how the funding would be used most effectively for the greatest benefit to the region, its economy, its residents and communities.

 

During the responses to questions, the Executive Member was informed that the creation of the new unitary authority, North Yorkshire Council, would not affect the Prosperity Fund.

Resolved:

(i)   That in principle the submission of the investment plan, as set out in the Annex to the report, be approved.

(ii) That authority be delegated to the Director of Customer and Communities to agree the final version of the plan for sign off by the Chief Operating Officer for submission to the Department for Education (DfE) by 30 June 2022.

Reason: To facilitate the finalisation of an agreed plan that will then release funds for the project.

 


 

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