Actions from the meeting: (26.08.20)
None
1
Welcome from the Chair
Doug Field (DF) welcomed everyone to the meeting including Nick Banks, chair of the Audit and Risk
Committee.
2
Apologies
Apologies were received from Alan Waters, Dominic Keen and Tim Whitley.
3
Declarations of Interest
DF declared an interest in Supapass, (Item 5, New Anglia LEP Accounts).
Full declarations of interest can be found at http://www.newanglia.co.uk/about-us/the-board.
4
Minutes of the last meeting
The minutes were accepted as a true record of the meeting held on 21st July 2020
5
LEP Accounts 19/20 - Confidential
Chris Starkie (CS) presented the accounts to the Board and advised that that they been
already been approved by the Audit & Risk Committee via written procedures.
Nick Banks (NB), chair of the Audit & Risk Committee, highlighted the process which had
been carried out to review the New Anglia Capital (NAC) investments given the impact of
the pandemic and clarified the adjustments which had been made.
CS highlighted the changes to processes which will be carried out to proactively manage
Pot C income going forwards to avoid the need for future adjustments in EZ income.
The Board agreed:
• To note the content of the report
• To approve the annual financial statements and audit management letter; and approve
them for signing by the Chair
DF thanked NB for giving up his time to chair the Audit & Risk Committee
NB left the meeting
6
Food Innovation Centre Update - Confidential
The Board agreed:
• To note the content of the report
7
Chief Executive’s Report - including confidential items
CS presented the report to the Board and highlighted key items.
The Resilience and Recovery scheme has now awarded 57 grants totalling over £2.1m.
2000 businesses had registered for the Visitor & Wider Economy Grant Scheme but only
around 200 can be supported. Applications are being reviewed to identify whether other
grants are suitable.
2
Peer to Peer Network - The LEP has been awarded funding to enable 250 businesses to
take part in the new programme. The businesses will be divided into cohorts of 11. The
programme will be delivered between October 2020 and March 2021.
Tourism Minister Visit - CS participated in a visit to Norfolk by the Tourism Minister who
was impressed with the work carried out which has brought together so many key partners
to produce the Visitor Economy Recovery Plan.
The Visitor Economy Recovery Plan helped secured £350k in funding from Government for
a marketing programme to promote holidays in Norfolk and Suffolk.
CS encouraged board members to promote and participate in the Restart Festival which
the LEP is organising with a range of partners and will provide two days of advice and help
for businesses. It takes place online on September 29th and 30th.
CS advised that the Strategy team are supporting local authorities and healthcare boards
in the provision of data to support them in assisting local businesses and in the provision of
a toolkit for use in the case of a suspected outbreak.
The Board agreed:
• To note the content of the report
11
Board Forward Plan
DF advised that the AGM will be held online with some pre-recorded elements
CS reviewed the items for the September meeting.
The Board agreed:
• To note the content of the plan
12
Any Other Business
DF noted that Steve Oliver (SO) had agreed to chair the Local Transport Board following DF’s
departure from the LEP Board and thanked him for taking on the role.
In doing so SO will stand down from the NAC Board which will require two new members to
ensure quoracy going forward. A proposal will be brought to the September meeting
3
