To consider the report of the ??Executive Director (Place)?  (enclosed).

DECISIONS

1.     That the establishment of the Blaby Business Grant scheme for a pilot period of 1 year be approved.

2.     That delegated authority is given to the Executive Director Place in consultation with the Portfolio Holder for Health, Community and Economic Development, to decide if to continue the scheme into year 2 and beyond, in line with year 1 funding allocations.

Reason:

The Blaby Business Grant scheme will enable micro businesses within the District to access small scale funds that will help their businesses to grow, contributing to the Blaby Plan objective of growing and supporting our economy.

Considered – Report of the Executive Director – Place, presented by the Assets and Major Projects Group Manager.

Other Options Considered:

The alternative option is to not proceed with the establishment of the Business Grant. This would reduce the potential to help micro businesses to grow in Blaby District. Following the pilot of the grant in year 1, investment in future years will be considered.