Decision details

Officers have successfully bided for £1,000,000 GLA European Social Fund (ESF) finance to deliver services which help unemployed residents secure employment.

ESF funding must be matched equally with an complementary £1,000,000 from LBHF.

This report seeks approval for £1,000,000 Council expenditure over two years as match funding from 1st Oct 2012 – 31st March 2014. This sum sits in the corporate Third Sector Investment Fund and is already allocated for employability support services until 30th September 2012.

1.   That approval be granted to:

(i)                 enter into a tri-partite agreement with London Councils and Greater London Enterprise (GLE) as set out in paragraph 1.4 of the report.

(ii)               accept ESF funding of £1,000,000 under the terms of the tri-partite agreement as set out in the report.

(iii)             contribute £1,000,000 match funding to the ESF funding held by GLE in accordance with the terms of the tri-partite agreement as set out in the report.

2.  That approval be given to commission services to support unemployed residents to secure employment at a total cost of £2,000,000 (using the funding and match funding) from 1^st April 2012  – 31^st March 2014.