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.
Decision type: Key
Reason Key: Expenditure/Income over £5m & policies or new income, reserves use, overspend over £300K;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Report access: Exempt;
Decision due: 5 Dec 2011 by Cabinet
Lead member: Leader of the Council
Department: The Economy department
Contact: Kim Smith, Chief Executive Email: kim.smith@lbhf.gov.uk Tel: 020 8753 6320, Neil Wigglesworth Email: Neil.Wigglesworth@lbhf.gov.uk Tel: 020 8753 3375.
Consultation process
Discussions held and information disseminated to key internal and external partners and stakeholders listed below in order to secure support.
Consultees
London Council's,
Greater London Enterprise
London Boroughs
LBHF - Legal
LBHF - Finance
LBHF - Community Liaison