0
New Anglia LEP Investment Appraisal Committee
Wednesday 17 March 2021
Teams Meeting
9am to 9:45am
Agenda
No. Item
1. Welcome
Main Agenda
2. Apologies
3. Declarations of Interest
4. Minutes of previous meetings – 24 February 2021
5 Horizon Paper and GPF repayments – Confidential
Reporting: Growing Business Fund
6,
6a-e
Growing Business Fund Programme Performance Report and SGS/GTI and
Visitor Economy/Wider Economy grant award appendices
Reporting: Resilience and Recovery Fund
7, 7b
Resilience and Recovery Programme Performance Report and grant approvals
by district appendix
Reporting: Innovative Projects Fund Calls 1 &2
8, 8a
IPF Calls 1 & 2 Programme Performance Report and IPF 2 project RAG rating
appendix
Items for discussion
9 Suffolk Inclusive Growth Fund- Round 2 project call - Confidential
10 Growing Places Fund - Loan update - Confidential
11,
11a-e
Growing Places Fund - Loan variation request - Confidential
Other
12 Any Other Business
1
Committee Members
Cllr David Ellesmere Ipswich Borough Council
Andrew Proctor Norfolk County Council
Sandy Ruddock Scarlett and Mustard
Alan Waters Norwich City Council
Tim Whitley BT
Dominic Keen High Growth Robotics
Kathy Atkinson Kettle Foods Ltd
Martin Williams Williams Business Advisory
Exec Members
Rosanne Wijnberg New Anglia LEP
Chris Dashper New Anglia LEP
Iain Dunnett New Anglia LEP
Date and time of next meeting: Wednesday 26 May 2021. 9am-9:45am
Venue: Teams Meeting
2
Page 1 of 2
New Anglia Investment Appraisal Committee
Meeting Minutes (Unconfirmed)
24
th
February 2021
Present:
Committee Members
David Ellesmere (DE)
Ipswich Borough Council
Andrew Proctor (AP)
Norfolk County Council
Dominic Keen (DK)
High Growth Robotics
Sandy Ruddock (SR)
Scarlett & Mustard
Kathy Atkinson (KA)
Kettle Foods
Alan Waters (AW)
Norwich City Council
Tim Whitley (TW)
BT
Martin Williams (MW)
Independent IAC Member
In Attendance
Rosanne Wijnberg (RW)
New Anglia LEP
Chris Dashper (CD)
New Anglia LEP
Helen Wilton (HW)
New Anglia LEP
Melanie Richardson (MR)
New Anglia LEP
Iain Dunnett (ID)
New Anglia LEP
1
Welcome from the Chair
2
Apologies
3
Declarations of Interest
4
Minutes of previous meetings
5
Horizon Paper and GPF repayments – Confidential
6
Growing Places Fund Programme Performance Report
Page 2 of 2
7
Growing Business Fund Programme Performance Report and SGS/GTI and Visitor
Economy/Wider Economy grant award appendices
8
Growing Places Fund – Loan Application Update - Confidential
9
Growing Places Fund – Loan Update - Confidential
10
Suffolk Inclusive Growth Fund - Round 2 project call
11
AOB
Growing Business Fund Performance Report - January 2021
Programme Overview - What is the Growing Business Fund?
What is the overall Programme Status?
Finance
Green
Outputs
Green
Delivery
Green
What are our key updates?
What is our financial position?
Financials (£ million)
Year 2013 to 2016 2016/2017 2017/2018 2018/2019 2019/2020 2020/2021 Total
Profile Spend (£m) £12.000 £3.536 £3.050 £5.096 £4.121 £3.790 £31.593
Actual Spend (£m) £11.999 £3.001 £3.049 £4.764 £2.533 £2.210 £27.557
Remaining Spend (£m) £0.001 £0.535 £0.001 £0.331 £1.588 £1.580 £4.035
What is our contribution to the Economic Strategy?
Target
A
ctual to end of
March 2021
Monthly Change Shortfall Notes
£1,759,771 £1,923,511 -£200,497 -£163,740
£7,039,084
£13,438,680 £2,117,512
-£6,399,596
88
133.5 28.5
-46
£2,790,000
£2,210,426 £86,418
£579,574
£11,160,000
£14,745,839 £3,424,671
-£3,585,839
140
133.5 28.5
6
What is the project status?
Number of
Projects
Approved
Grants
Approved
Private
Match
Total Project
Costs
Jobs to be
Created
3 235899 1018543 1254442 58
1 100000 1654600 1754600 10
138 15186237 95741810.31 110928047.3 1618.5
6 520000 2166000 2686000 38.5
22 2297336 13633863 15931199 236.5
27 2909816 53119892 56029708 390
9 915801 5235429 6151230 103
5 372000 2342138 2714138 45.5
11 753200 3792342 4545542 76
1 30000 79425 109425 3
26 3207666 20880393 24088059 313.6
1 20000 102191 122191 4
1 31580 126320 157900 3.5
8 502921 3159776 3662697 55.5
2 320000 4737413 5057413 32
20 1660100 9434097 11094197 200
1 100000 232500 345000 10
282 29,162,556 217,456,732 246,631,788 3,197.6
What are the next steps?
C - Manufacturing
E - Water supply, sewerage, waste management and remediation activities
The LEP is working with delivery partners, to ensure that the scheme can be accessed by businesses to facilitate growth during the current COVID-19 Pandemic.
As we are nearing the end of this fund, we are closely monitoring the applications that are submitted to ensure they can complete on time, 31st March 2021
K - Financial and Insurance Activities
S - Other Service Activities
I - Accommodation and Food Service Activities
Total
N - Administrative and Support Service Activities
L - Real Estate Activities
M - Professional, Scientific and Technical Activities
P - Education
Q - Human Health and Social Work Activities
R - Arts, Entertainment and Recreation
Participant SMEs of the Scale Up New Anglia programme are being offered a range of support including applications to GBF (where appropriate).
This is still the LEP flagship grant scheme attracting interest: despite COVID-19, we are seeing confidence in that some businesses submitting grant applications.
Many of the busiensses are proceeding with their growth plans especially those of a medium size with a healthy pipeline of larger grant applications
The GBF pipeline contines to be buoyant with growth projects requesting support.
Outputs April 2020 to March 2021
GBF has been really successful and grants continue to be drawn down quickly, by January 2021- £2.8m has been committed of which £2,200,426 has been defrayed. An additonal £1m has been allocated by the LEP
Board to help manage the continued demand for the programme and this has now been added to the budget.
Value of grants approved
Value of private sector match approved
Number of New Jobs to be Created
Value of grants claimed
J - Information and Communication
Private sector match funding drawn down
B - Mining and Quarrying
F - Construction
G - Wholesale and retail trade; repair of motor vehicles and motorcycles
H - Transportation and Storage
The following table shows grants approved by sector since the start of the programme in 2013/14
Number of New Jobs Created
Sector
A- Agriculture, Forestry and Fishing
Based on grant approvals, the scheme started 2020/21 ahead of t
arget.
P
ipeline is healthy, with interest in some very large grrant applications . Regular panel meetings continue to approve applications
Launched in April 2013, the Growing Business Fund provides grants for businesses to enable growth, an increase productivity and job creation.
Capital grants between £25,000 and £500,000 are provided at up to 20% of project costs for SMEs, with an enhanced rate for small businesses located in an Assisted Area (until 2021).
Funding for the Growing Business Fund is provided on an annual basis by the LEP's Growth Deal.in January the LEP board are considering adding a further £1m to this years budget
The fund is accessed through the New Anglia Growth Hub with Due Diligence undertaken by Finance East and agreed by a GBF panel which meets monthly as required .
Since the autumn there has been an increase in the number of applications coming forward, these are now being progressed slowly to panel.
Q1‐20/21 Q2‐20/21 Q3‐20/21 Q4‐20/21
QuarterlyForecast
£0.698 £0.698 £0.698 £0.698
QuarterlySpend
£0.678 £0.117 £1.416 £0.000
Variance
£0.019 £0.581 ‐£0.718 £0.698
‐1
0
1
2
2020/2021ExpenditureProfile
11
Approval
Date
Company Name
Grant
Awarded
Business
Size
Reason for Support
May-20
A J Hodgson and Sons
£82,010 Small Capital investment to support business growth
May-20
Mid Anglian Enterprise Agency Ltd (MENTA)
£54,329 Small Capital investment to support business growth
May-20
Crowland Cranes Ltd
£384,900 Medium Capital investment to support business growth
Jun-20
Primo Manufacturing Ltd
£120,000 Medium Capital investment to support business growth
Jul-20
Freightforce Distribution Ltd
£248,809 Medium Capital investment to support business growth
Sep-20
CTR Secure Services Ltd
£160,000 Small Capital investment to support business growth
Sep-20
Polar Systems Ltd
£130,000 Medium Capital investment to support business growth
Sep-20
Slic Sheet Metal Fabrication Ltd
£31,185 Small Capital investment to support business growth
Oct-20
Armultra Ltd
£73,000 Medium Capital investment to support business growth
Oct-20
AKS SkipHire Ltd
£66,000 Small Capital investment to support business growth
Nov-20
Pink Office Ltd
£80,000 Small Capital investment to support business growth
Nov-20
Olympic Construction (Norfolk) Ltd
£25,950 Small Capital investment to support business growth
Nov-20
Wrightform Ltd
£57,500 Medium Capital investment to support business growth
Dec-20
Rossdale LLP
£37,885 Medium Capital investment to support business growth
Dec-20
Brisko Scaffolding Ltd (3)
£200,000 Large Capital investment to support business growth
Dec-20
Lifeline 24 Ltd (2)
£476,450 Medium Capital investment to support business growth
Dec-20
HF Bond
£80,000 Small Capital investment to support business growth
Jan-21
Supersips Ltd
£197,587 Small Capital investment to support business growth
Jan-21
D A B Civil Engineering Ltd
£98,295 Small Capital investment to support business growth
Total £2,603,900
New Anglia LEP
Growing Business Fund
Grant Approvals - April 2020 to March 2021
12
Date
Approved
Company Name
Grant
Awarded
Business
Size
Reason for Support
Apr-20
Genesis Sporthomes Ltd £10,272
Micro
Capital investment to support business growth
Apr-20
James White Drinks Ltd (2) £24,434
Small
Capital and revenue investment to suport business growth
Apr-20
Frugalpac Limited £13,427
Small
Capital investment to support business growth
Apr-20
Xcell Misting Ltd £7,200
Small
Capital investment to support business growth
May-20
Gnaw Chocolate Ltd (2) £4,508 Small
Capital investment to support business growth
May-20
Electrical Installation and Appliance Testing (UK) Ltd £5,538 Small Capital investment to support business growth
May-20 ASAP Branding Ltd £5,120 Micro
Capital and revenue investment to support business growth
Jun-20
CMI Print Services Ltd
£13,389
Small Capital investment to support business growth
Jun-20
Smart Offices Ltd £9,000
Small
Capital investment to support business growth
Jun-20
Total Site Services £4,575
Micro
Capital investment to support business growth
Jun-20
Lifeline24 Ltd £4,297
Small
Capital investment to support business growth
Jun-20
Spa Pavilion Ltd
£24,360 Small
Capital investment to support business growth
Jun-20
Brief Media Ltd.
£3,900 Micro
Capital investment to support business growth
Jun-20
WhataHoot Ltd.
£20,044 Micro
Capital investment to support business growth
Jun-20
Rob Sambrook Photography
£1,026 Micro
Capital investment to support business growth
Jul-20
Norfolk Bluebell Wood Ltd £2,440
Micro
Capital investment to support business growth
Jul-20 Tosier Chocolate Ltd (2) £6,742 Micro
Capital investment to support business growth
Jul-20 Newmans Cleaning Services Ltd £3,000 Micro
Capital investment to support business growth
Aug-20 Gutter Force Ltd (2) £3,578 Micro
Capital investment to support business growth
Aug-20 Jake Austin Window Cleaning Services £4,565 Micro
Capital investment to support business growth
Sep-20 Global Chair Components Ltd (2) £25,000 Medium
Capital investment to support business growth
Sep-20 Robert Fuller t/a RFA Media £1,585 Micro
Capital investment to support business growth
Sep-20 Titchmarsh & Goodwin Fine Furniture Ltd £7,018 Small
Capital investment to support business growth
Sep-20 Marketplace Amp Ltd £3,162 Micro
Capital and revenue investment to support business growth
Sep-20 Anglia Business Growth Consultants Ltd £2,990 Micro
Capital investment to support business growth
Sep-20 Norwich Glass Company Ltd £4,393 Small
Capital investment to support business growth
Sep-20 Fish Fabrications Ltd £2,794 Micro
Capital investment to support business growth
Sep-20 One Traveller Ltd £11,087 Small
Capital investment to support business growth
Small Grant Scheme
Grant Approvals April 2020 to March 2021
13
Sep-20 DJB Investments (UK) Ltd £2,737 Small
Capital investment to support business growth
Oct-20 Kiezebrink UK Ltd (3) £5,280
Medium
Capital investment to support business growth
Oct-20 TGA Trading Ltd (2) £4,600
Micro
Capital investment to support business growth
Oct-20 A&T Optimus Ltd £12,636
Micro
Capital investment to support business growth
Oct-20 Bacons Firewood £2,610
Micro
Capital investment to support business growth
Oct-20 Banqueting Hire Service Ltd £11,548
Small
Capital investment to support business growth
Oct-20 Gammax Independent Inspection Services Ltd £4,173
Micro
Capital investment to support business growth
Oct-20 Smart Bookkeeping & Accounts Ltd £3,600
Micro
Capital and revenue investment to support business growth
Oct-20 JHW Business Services Ltd £2,107
Micro
Capital investment to support business growth
Oct-20 Felgains Ltd £5,580
Small
Capital investment to support business growth
Oct-20 STC Solutions Ltd £5,525
Micro
Capital investment to support business growth
Oct-20 Cubiqdesign Ltd £16,433
Small
Capital investment to support business growth
Oct-20 Norfolk Coffee Co £5,625
Micro
Capital investment to support business growth
Nov-20
Ipswich Glass Ltd £25,000 Small
Capital investment to support business growth
Nov-20
Cousins of Emneth Ltd £2,880 Small
Capital investment to support business growth
Nov-20
XL Scales Ltd £6,118 Micro Capital investment to support business growth
Nov-20
Chris Wood Light Ltd £25,000 Micro
Capital investment to support business growth
Dec-20 W.F.C. Service Centre Ltd £3,639
Micro
Capital investment to support business growth
Dec-20 Modece Architects Ltd £20,788
Micro
Capital investment to support business growth
Dec-20 East Anglia Coaching Ltd £10,820
Micro
Capital investment to support business growth
Dec-20 Just4you Fitness Ltd £8,932
Micro
Capital investment to support business growth
Dec-20 JC Hammond Ltd £8,428
Micro
Capital investment to support business growth
Jan-21 PWE Recruitment Group Ltd 7,488
Micro
Capital investment to support business growth
Jan-21 Fountain Partnership Ltd 25,000
Small
Capital investment to support business growth
Jan-21 Able Cleaning and Hygiene Ltd 15,752
Small
Capital investment to support business growth
Total SGS scheme £471,743
14
Approval
Date
Company Name
Grant
Awarded
Business
Size
Reason for Support
May-20
Agricultural & Mechanical Services Ltd (AgriMech) £22,500 Medium Revenue investment to support R&D or Innovation
Jun-20 Geotekk Ltd £21,487 Micro
Revenue investment to support R&D or Innovation
Jun-20
Offshore Digital Engineering Ltd £17,100 Micro Revenue investment to support R&D or Innovation
Jun-20
MBASO Ltd £24,997 Small Revenue investment to support R&D or Innovation
Jun-20
Spark EV Technology £11,082 Micro Revenue investment to support R&D or Innovation
Jun-20
Showbiz Software Limited £20,925 Micro Revenue investment to support R&D or Innovation
Jul-20
Developing Experts Ltd £21,892 Small Revenue investment to support R&D or Innovation
Jul-20
Siametric Systems Ltd £16,848 Micro Capital investment to support R&D or Innovation
Jul-20
Purple Line Ltd £25,000 Small Revenue investment to support R&D or Innovation
Jul-20
G-Lok Systems Ltd £11,161 Micro Revenue investment to support R&D or Innovation
Jul-20
Coracle Online Ltd £22,500 Micro Revenue investment to support R&D or Innovation
Aug-20
Captain Fawcett Ltd £3,440 Micro Revenue investment to support R&D or Innovation
Aug-20
James White Drinks Ltd £13,860 Small Revenue investment to support R&D or Innovation
Aug-20
Ensemble Architecture Ltd £9,409 Small Revenue investment to support R&D or Innovation
Aug-20
Thyngs Limited £25,000 Micro Revenue investment to support R&D or Innovation
Aug-20
Pharmweigh Limited £14,388 Micro Revenue investment to support R&D or Innovation
Aug-20
RATS Marine Limited £22,500 Micro Revenue investment to support R&D or Innovation
Aug-20
Evans (Instruments) Limited £3,094 Micro Revenue investment to support R&D or Innovation
Aug-20
Just Another Label Ltd £3,150 Small Revenue investment to support R&D or Innovation
Sep-20
Ansible Motion Limited £14,999 Small Revenue investment to support R&D or Innovation
Oct-20
Exo Environmental Ltd £21,220 Micro Revenue investment to support R&D or Innovation
Oct-20
Merxin Ltd £25,000 Micro Revenue investment to support R&D or Innovation
Oct-20
Blue Novation Ltd £4,035 Small Revenue investment to support R&D or Innovation
Nov-20 Olthem Payments Ltd £8,325
Micro
Revenue investment to support R&D or Innovation
Nov-20 Master Henry Ltd £6,750
Micro
Revenue investment to support R&D or Innovation
Dec-20
Torros Ltd £25,000 Small Revenue investment to support R&D or Innovation
New Anglia LEP
Growth Through Innovation
Grant Approvals - April 2020 to March 2021
15
Dec-20
NGEO Ltd £23,916 Micro Revenue investment to support R&D or Innovation
Dec-20
Reuzer Ltd £18,540 Micro Revenue investment to support R&D or Innovation
Jan-21
Dragon Equipment Limited £16,380
Micro
Revenue investment to support R&D or Innovation
Total for GTI scheme
£474,498
16
Date
Approved
Company Name
Grant
Awarded
Business
Size
Reason for Support
Sep-2020
Aldeburgh Food and Drink Festival CIC £2,846.00 Micro
Revenue investment to support business growth
Sep-2020
The Mindful Cook £2,977.00 Micro
Revenue investment to support business growth
Sep-2020
Starlight Concerts Live (Entertainment) Ltd £3,000.00 Micro
Revenue investment to support business growth
Sep-2020
Kerry Ellis t/as Epic Event Hire £2,999.00 Micro
Revenue investment to support business growth
Sep-2020
Shaunandmartin Ltd t/as The Virginia Court Hotel £2,022.00 Micro
Revenue investment to support business growth
Sep-2020
S Lay & N Roe t/as Hay Hay £2,900.00 Micro
Revenue investment to support business growth
Sep-2020
Andrew Patton t/as Cycle Breaks, Suffolk Cycle Breaks & Walking Breaks £2,665.83 Micro Revenue investment to support business growth
Sep-2020
Turner-Mann Enterprises Ltd £3,000.00 Micro
Revenue investment to support business growth
Sep-2020
BritPark Leisure Limited t/as Play2day £2,795.00 Small
Revenue investment to support business growth
Sep-2020
Justine Paul t/as Suffolk Market Events £3,000.00 Micro
Revenue investment to support business growth
Sep-2020
H. E. Hipperson Limited £2,749.59 Micro
Revenue investment to support business growth
Sep-2020 Peter Williamson t/as The Old Penny Arcade
£2,446.56 Micro
Revenue investment to support business growth
Oct-2020 House of Mutt LLP
£2,897.92 Small
Revenue investment to support business growth
Sep-2020
Reubjon Ltd t/as Farmer Freds £2,565.00 Small
Revenue investment to support business growth
Oct-2020 Woodbridge Tide Mill Charitable Trust t/as Woodbridge Tide Mill Museum
£1,536.77 Small
Revenue investment to support business growth
Oct-2020
Jason Elmer t/as Fresh Look Catering £1,516.99 Micro Revenue investment to support business growth
Oct-2020
Ringshall Grange £3,000.00 Small
Revenue investment to support business growth
Oct-2020
Hilltop Experiences t/as Hilltop Outdoor Centre £2,670.00 Small
Revenue investment to support business growth
Oct-2020
Bury St Edmunds Association of Registered Tour Guides £2,900.00 Micro
Revenue investment to support business growth
Oct-2020
Stephan Genovese T/as The Pitstop £3,000.00 Micro
Revenue investment to support business growth
Oct-2020
Fat Teds Events Ltd £2,856.80 Micro
Revenue investment to support business growth
Oct-2020
Woodbridge Riverside Trust £2,902.80 Small
Revenue investment to support business growth
Oct-2020
Explore 4X4 £2,485.81 Micro
Revenue investment to support business growth
Oct-2020
Lal Bagan Ltd T/as Tamarind £2,999.00 Micro
Revenue investment to support business growth
Oct-2020
St EdmundsBury Cathedral Enterprises Limited £2,000.00 Small
Revenue investment to support business growth
Oct-2020
Anglian Chauffeur Service £1,677.00 Micro
Revenue investment to support business growth
Oct-2020
River Cruise Resturants T/as Lady Florence River Cruise Resturants £1,680.00 Small
Revenue investment to support business growth
Oct-2020
Fired Up Food Limited £3,000.00 Small
Revenue investment to support business growth
Oct-2020 Toby Jug Management Services Ltd trading as The Garden House.
£3,000.00 Micro
Revenue investment to support business growth
Grant Approvals April 2020 to March 2021 (scheme started in September 2020)
New Anglia Visitor Economy Grant (VEG)
17
Oct-2020
Mark Jolly Promotions Limited £2,994.00 Micro
Revenue investment to support business growth
Oct-2020
Art Safari Limited t/as Art Safari/Art Safari Editions/Close Encounters Travel £2,499.00 Micro
Revenue investment to support business growth
Oct-2020
Copdock Kennels £2,785.00 Micro
Revenue investment to support business growth
Oct-2020
Labyrinth Norwich Limited £3,000.00 Micro
Revenue investment to support business growth
Nov-2020
Empire Lounge Bar Limited £2,948.50 Micro
Revenue investment to support business growth
Nov-2020
Climb Higher Limited £2,600.00 Micro
Revenue investment to support business growth
Nov-2020
Stowmarket Golf Centre Limited £3,000.00 Micro
Revenue investment to support business growth
Nov-2020
The Railway Tavern Dereham Limited £2,842.28 Micro
Revenue investment to support business growth
Nov-2020
H20S Limited Trading As The Norman Warrior £2,366.00 Small
Revenue investment to support business growth
Nov-2020
Neal and Alison Sanderson Trading As Hunstanton Backpackers and YHA £2,949.74 Micro
Revenue investment to support business growth
Nov-2020
Schools Out Activities Limited £3,000.00 Micro
Revenue investment to support business growth
Nov-2020
Fun Casino Nights Limited £3,000.00 Micro
Revenue investment to support business growth
Nov-2020
Goodtogo Limited Trading As Goodtogo £2,829.00 Micro
Revenue investment to support business growth
Nov-2020
RJ & AM Hollis ta Castaways Holiday Park £2,835.98 Small
Revenue investment to support business growth
Nov-2020 Beeston Community Enterprises £2,640.14 Micro
Revenue investment to support business growth
Nov-2020 Debra Harrison / TA Gemini Lodge £2,150.00 Micro
Revenue investment to support business growth
Nov-2020 Norfolk Village Inns TA The Queens Head Thurlton £2,904.80 Micro
Revenue investment to support business growth
Dec-2020 Hullabaloo
£2,977.20 MIcro
Revenue investment to support business growth
Dec-2020
HH Norfolk Limited trading as Hockwold Hall £2,983.98
Micro Revenue investment to support business growth
Dec-2020
One Coffee One Tea Limited TA Ground by Bringing the outside in £2,453.34
Micro Revenue investment to support business growth
Dec-2020 Wendy Benefer
£1,750.00
Micro Revenue investment to support business growth
Dec-2020
Jamie Robinson TA JR Light and Sound £3,000.00
Small Revenue investment to support business growth
Dec-2020
Joaquim Teles – sole trader t/a Teles Pattiserie £2,947.84
Micro Revenue investment to support business growth
Dec-2020
The Bull Inn - Barton Mills Limited £3,000.00
Small Revenue investment to support business growth
Dec-2020
Stardust Hadleigh Limited ta Hadleigh Old School £3,000.00
Revenue investment to support business growth
Dec-2020
Misadventures Limited TA The Rose and Crown £3,000.00
Small Revenue investment to support business growth
Dec-2020
Panache Ice Cream Limited £2,956.80
Micro Revenue investment to support business growth
Jan-2021
Yeo Group Limited £2,925.00
Medium Revenue investment to support business growth
Jan-2021
North Norfolk Hospitality Limited TA Cliftonville Hotel
£3,000.00
Small Revenue investment to support business growth
Jan-2021
Dan Will LLP TA Suffolk Camper Van Hire £1,712.49
Micro Revenue investment to support business growth
Jan-2021
Bigod’s Kitchen £1,085.53
Micro Revenue investment to support business growth
Jan-2021
Avani Solutions Limited £1,644.25
Small Revenue investment to support business growth
Jan-2021
The Cross Collective Limited £2,972.59
Micro Revenue investment to support business growth
Jan-2021
Secret Meadows Limited £2,948.00
Micro Revenue investment to support business growth
18
Jan-2021
Applaud Coffee Limited £2,995.00
Micro Revenue investment to support business growth
Total VEG scheme £170,785.53
19
Date
Approved
Company Name
Grant
Awarded
Business
Size
Reason for Support
Sep-20 Cheddar Creative Limited £2,899.00 Micro
Revenue investment to support business growth
Sep-20 Farrow Associates £2,898.00 Micro
Revenue investment to support business growth
Sep-20 Haven Port Yacht Club £1,932.00 Micro
Revenue investment to support business growth
Sept-20
The Willmaker Group Limited £2,997.00 Micro
Revenue investment to support business growth
Sept-20
EggCup Web Design Limited £2,545.00 Micro
Revenue investment to support business growth
Sept-20
Nigel Keeble £1,028.82 Micro
Revenue investment to support business growth
Sept-20
Paul Nixon Photography £2,955.00 Micro
Revenue investment to support business growth
Sept-20
Debenvale £3,000.00 Small
Revenue investment to support business growth
Sept-20
Box River Studios £2,865.83 Micro
Revenue investment to support business growth
Sept-20
PX2 £2,895.33 Micro
Revenue investment to support business growth
Sept-20
Grant Nurden £2,347.00 Micro
Revenue investment to support business growth
Sept-20
The Marketing Copywriter £1,829.00 Micro
Revenue investment to support business growth
Sept-20
Building Partnerships Limited £1,722.68 Micro
Revenue investment to support business growth
Sept-20
Production Services Entertainment Limited £2,874.58 Micro
Revenue investment to support business growth
Sept-20 Hot Gossip (East Anglia) Limited t/as Hot Gossip Media £2,930.00 Micro Revenue investment to support business growth
Sept-20 Aylsham Community Gym (2) - Annette Marsh
£2,299.00 Micro
Revenue investment to support business growth
Sept-20
Herring Bone Design Limited £2,928.00 Micro
Revenue investment to support business growth
Sept-20
East Coast Accounting Limited £2,708.27 Micro
Revenue investment to support business growth
Sept-20
Morton's Event Hire Ltd £3,000.00 Micro
Revenue investment to support business growth
Sept-20
Imogen Clarke t/as Inspire Personal Training Studio £2,997.99 Micro
Revenue investment to support business growth
Oct-20
David Palmer (Birds i Images) £2,923.64 Micro
Revenue investment to support business growth
Oct-20
Elizabeth Cullen £2,466.98 Micro
Revenue investment to support business growth
Oct-20
Lisa Mason School of Dance £2,981.01 Mirco
Revenue investment to support business growth
Oct-20
Angela Rowe School Of Dance £2,832.00 Mirco
Revenue investment to support business growth
Oct-20
Active Fakenham Limited £3,000.00 Mirco
Revenue investment to support business growth
Oct-20
Tracey Curl ta Norwich Hypnotherapy
£1,396.00 Micro
Revenue investment to support business growth
New Anglia Wider Economy Grant (WEG)
Grant Approvals April 2020 to March 2021 (scheme started in September 2020)
20
Oct-20
Liam Bailey Limited £2,976.00 Micro
Revenue investment to support business growth
Oct-20
Nick Webster £2,698.00 Micro
Revenue investment to support business growth
Oct-20
GLF Steel Limited £2,933.00 Micro
Revenue investment to support business growth
Oct-20
Money Properties Limited
£2,254.86 Micro
Revenue investment to support business growth
Oct-20
Simply C Photography £3,000.00 Micro
Revenue investment to support business growth
Oct-20
Clarick Cleaning Limited £2,929.97 Small
Revenue investment to support business growth
Oct-20
Paul Nixon Photography (2) £2,955.00
Revenue investment to support business growth
Oct-20
Mrs Lindsay Want-Beal Trading as Xtrahead £2,865.00 Micro
Revenue investment to support business growth
Oct-20
Pierrot Limited Trading as Pierrot Stationers £2,526.00 Micro
Revenue investment to support business growth
Oct-20
Find A Job (East Anglia) Limited £2,689.96 Small
Revenue investment to support business growth
Oct-20
Simon Greene Associates Limited £3,000.00 Micro
Revenue investment to support business growth
Nov-20
APW Training Limited £2,757.00 Micro
Revenue investment to support business growth
Nov-20
Anna Yeomans Trading As Treatments By Anna £2,450.00 Micro
Revenue investment to support business growth
Nov-20
The Publicity Works (UK) Limited Trading As The Publicity Works £2,977.00 Micro
Revenue investment to support business growth
Nov-20
Attain Solutions Limited £2,999.00 Micro
Revenue investment to support business growth
Nov-20
Back Up Data Limited £2,864.45 Micro
Revenue investment to support business growth
Nov-20
Abacus Business Solutions Ipswich Limited £1,199.00 Micro
Revenue investment to support business growth
Nov-20
Blue Sky Assessing and Consultancy Limited £2,548.90 Micro
Revenue investment to support business growth
Nov-20
Angela Adams Photography 2 £2,950.00 Micro
Revenue investment to support business growth
Nov-20
Charlotte Knowles Tading As Charlotte Fitness £1,172.96 Micro
Revenue investment to support business growth
Nov-20
BLUEPRINT WORKSHOP LTD £2,865.60 Micro
Revenue investment to support business growth
Nov-20
Creative Monarchy Limited £2,938.20 Micro
Revenue investment to support business growth
Nov-20
Generate Leads Online Limited £2,520.18 Micro
Revenue investment to support business growth
Nov-20
Tribe Training £2,863.00 Micro
Revenue investment to support business growth
Nov-20
Aviform Limited £2,320.00 Small
Revenue investment to support business growth
Dec-20
Power Revolution Event Services Limited £2,481.75 Micro
Revenue investment to support business growth
Dec-20
Jan Jinkerson trading as Find your Voice £2,834.14 Micro
Revenue investment to support business growth
Dec-20
ASAP Branding Limited trading as Ipswich Embroidery & Print £3,000.00 Small
Revenue investment to support business growth
Dec-20
PureKat Consultancy Limited £3,000.00 Micro
Revenue investment to support business growth
Dec-20
Kevin Bandy trading as KB Cricket £2,937.33 Micro
Revenue investment to support business growth
Dec-20
Cockaday & Jones trading as Williams of West Runton £2,500.00 Micro
Revenue investment to support business growth
Dec-20
Tudor Printing £2,999.95 Micro
Revenue investment to support business growth
21
Dec-20
Leonard Fletcher trading as Fletcher Gardening Services £1,877.99 Micro
Revenue investment to support business growth
Dec-20
IKON Training Limited £2,995.00 Small
Revenue investment to support business growth
Dec-20
Image (Ipswich) Limited £2,900.00 Small
Revenue investment to support business growth
Dec-20
F.J. Wilson Limited trading as FJ Wilson Talent Services £2,984.34 Micro
Revenue investment to support business growth
Dec-20
Manon Palmieri £3,000.00 Micro
Revenue investment to support business growth
Dec-20
Digital Dominator Limited £2,383.56 Micro
Revenue investment to support business growth
Dec-20
Beverly Townsend trading as Dream Spanish Property £2,537.97 Small
Revenue investment to support business growth
Dec-20
Anna Severino trading as L.A Cosmetics £3,000.00 Micro
Revenue investment to support business growth
Dec-20
Feedback CS Limited ta insight6 Norfolk & Suffolk £2,500.00 Micro
Revenue investment to support business growth
Dec-20
Susan Reynolds TA Eastern Dyslexia £1,348.00 Micro
Revenue investment to support business growth
Dec-20
Essex & Suffolk Pest Solutions Limited £2,781.28 Micro
Revenue investment to support business growth
Dec-20
Amy Hales £2,332.38 Micro
Revenue investment to support business growth
Dec-20
Smash Marketing Limited £2,279.04 Small
Revenue investment to support business growth
Dec-20
Menacing Media Limited £2,999.46 Micro
Revenue investment to support business growth
Jan-21
AKB 2000 Limited TA Cypress Autoservices £3,000.00 Small
Revenue investment to support business growth
Jan-21
Chenery Creative Limited £2,999.17 Micro
Revenue investment to support business growth
Jan-21
The Come and Sing Company £2,862.44 Micro
Revenue investment to support business growth
Jan-21
Mid Norfolk Boats Limited £2,995.00 Micro
Revenue investment to support business growth
Jan-21
C Harrison TA C Harrison Business Services £1,642.39 Micro
Revenue investment to support business growth
Jan-21
Terra Firma Architects Limited £2,699.00 Micro
Revenue investment to support business growth
Jan-21
Planbuild Consulting Limited £3,000.00 Micro
Revenue investment to support business growth
Jan-21
The Space Burston £3,000.00 Micro
Revenue investment to support business growth
Jan-21
Justin Virdee TA JustWood Designs £2,950.00 Micro
Revenue investment to support business growth
Jan-21
Anna Ryan TA Core Balance Wellbeing £1,762.99 Micro
Revenue investment to support business growth
Jan-21
Educated Appointments Limited £3,000.00 Micro
Revenue investment to support business growth
Jan-21
Simpler PR Limited £2,181.94 Micro
Revenue investment to support business growth
Jan-21
Teenage Mental Health Limited £2,996.93 Micro
Revenue investment to support business growth
Jan-21
Martin Kentish TA Artoo Electrical £2,898.15 Micro
Revenue investment to support business growth
Jan-21
CL-Architecture Limited £2,245.96 Micro
Revenue investment to support business growth
Jan-21
Urban Forestry (Bury St. Edmunds) Limited £2,991.15 Medium
Revenue investment to support business growth
Total WEG scheme £232,402.52
22
Business Resilience and Recovery Programme
Pro
g
ramme Overview - What is the Business Resilience and Recover
y
Pro
g
ramme.
What is the Overall Pro
g
ramme Status?
Overall:
Green
Delivery:
Green
Spend:
Green
Outputs:
Green
What are our Ke
y
U
p
dates
?
What is our Financial Position?
Forecast Actual
Actual Actual Actual
2020/21 Qtr 1 2020/21 Qtr 2 2021/22 Qtr 3 2021/22 Qtr 4 2021/22
00
£3,500,000.00 £3,500,000.00 £2,709,864.00 £3,144,185.00 £1,808,582.00
£3,500,000.00 £290,639.00 £1,047,528.00 £1,375,853.00 £325,032.00
£3,500,000.00 £790,136.00 £2,189,359.00 £1,335,639.00 £244,058.00
£3,500,000.00 £2,709,864.00 £520,505.00 £1,808,546.00 £1,564,524.00
What is our contribution to the Economic Strategy?
Quarter/
y
ear:
Actual Qtr 1 Actual Qtr 2 Actual Qtr 3 Actual Qtr 4
Total
10
40 132 14 196
706
1,180 647 231 2763.5
£1,221,274.00
£3,431,035.00 £1,971,365.00 £436,565.00 £7,060,239.00
£0.00
£0.00 £0.00 £0.00 £0.00
TBC
TBC TBC TBC
What is the Project Delivery Status
?
What are the Next Steps?
LGF Committed = £3,504,721 (Allocating grant awards in full to one fund means that the t
otal exceeds £3,500,000 LGF allocation slightly).
•90 businesses supported in total
•55 businesses in Norfolk (£2,075,176)
•35 businesses in Suffolk (£1,429,545)
Getting Building Fund Committed – £1,054,471
•27 businesses supported in total
•18 businesses in Norfolk (£715,781)
•9 businesses in Suffolk (£338,690)
Qtr 4 - The Growth Hub will continue to signpost, develop and progress R&R applications to the Finance East's Due Diligence Team. Regular Team meetings are held to review
processes and suggest improvements to the scheme and its wider dissemination and take up.
The Business Resilience and Recovery Scheme provides support to businesses in Norfolk and Suffolk that have been affected by the Covid-19 Coronavirus and are looking at ways to
recover and strengthen their business performance. Companies applying under the scheme can apply for a 50% grant towards capital costs involved in initial resilience and future
recovery of their business. A grant of £25,000 up to a maximum of £50,000 is available to support projects.
Figures reflect the period to 08/03/2020.
Private Match (£)
Outputs – cumulative from April 1st to 09/11/2020
Financial Year
Number of Direct Full-Time Jobs Created
Committed
Carried forward
Financials (£ million)
Brought Forward
LEP Allocation
Spend [Act/Fcst]
Number of Direct Full-Time Jobs Safeguarded
The Business Resilience and Recovery scheme has supported 117 businesses to date. 112 businesses have received their first payments and
63 have had their final payments.
Public Match (£)
Commercial Floor Space (SqM)
•The Business Resilience and Recovery Scheme was launched on Monday 4th May and the scheme has proved popular with several enquiries already being handled, developed and
progressed through the Growth Hub.
•117 businesses have now been supported, the most recent being ‘Farmhouse Bakery’, awarded £44,608.
•Total R&R grant value awarded to date is £4,559,192 with a total projects value of £11,618,945. Private match of £7,060,239 has been committed. £3,257035 has been paid out to 112
businesses (63 of which have had their final payments).
•Investment in these 117 businesses will create 196 FTEs and safeguard 2763.5.
•Of the 117 businesses supported, 73 are in Norfolk (£2,790,957) and 44 are in Suffolk (£1,768,235).
•There are x projects at Due Diligence stage with a potential grant value of £xxx. There are a further x projects with the Growth Hub with a potential grant value of £xxxx.
The first tranche of funding for the programme (from the LGF) is now fully committed. Expenditure of the LGF was due by the end of the calendar
year (LGF - £3,500,000). The programme has now started allocating funds from the Get Building Fund allocation (£2,623,680).
£ 4,559,192 has been awarded to 117 projects, representing 74.45% of the total programme budget. £3,257,035 has been paid out to 112
businesses (63 of which have had their final payments).
£ 4,559,192 has been awarded to 117 projects. The has enabled 117 businesses and their associated supply chains to start the journey to
recover from the consequences of COVID-19 restrictions. 196 FTEs have been created and 2763.5 FTEs have been safeguarded.
£0.00
£1,000,000.00
£2,000,000.00
£3,000,000.00
£4,000,000.00
Q1‐20/21 Q2‐20/21 Q3‐20/21 Q4‐20/21
R&RAllocation
AxisTitle
BusinessResilienceandRecoveryProgramme
Qtrlyawarded QtrlyClaims R&RBudgetAllocated
Thisfigurecombinesthebalanceofthe
LGF(£520,505)andtheadditional
£2,623,680fromtheGetBuildingFund
23
28
Innovative Pro
j
ects Fund - 2019 Pro
j
ects Cal
l
Pro
g
ramme Overview - What is the Innovative Pro
j
ects Fun
d
What is the Overall Pro
g
ramme Status?
Overall:
Green
Delivery:
Green
Spend:
Amber
Outputs:
Green
What are our Ke
y
U
p
dates?
What is our Financial Position?
Forecast Forecast Actual Forecast
Actual
Forecast
Actual
Forecast Actual
2020/21
Q1‐20/21 Q1‐20/21 Q2‐20/21 Q2‐20/21 Q3‐20/21 Q3‐20/21 Q4‐20/21 Q4‐20/21
1.522 1.522 1.522 1.522 1.306 1.507 1.060 1.357
1.522 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000
0.000 0.000 0.000 0.217 0.016 0.246 0.149 0.238 0.082
1.522 1.522 1.522 1.306 1.507 1.060 1.357 0.822 1.275
1.522 1.522 1.522 1.306 1.507 1.060 1.357 0.822 1.275
What is our contribution to the Economic Strategy?
Quarter/
y
ear:
4
(
Jan - Mar
)
2021
Actual to date
Programme
Target to 2022
2
2
49
5
4
What is the Project Delivery Status
?
What are the Next Steps?
The Innovative Projects Fund is a revenue grant programme that provides funding towards innovative projects to support the delivery of the themes and activities identified in the
Economic and Local Industrial Strategies. The second call of the Innovative Projects Fund was made in October 2019 with a remit to facilitate innovative projects supporting
economic growth and the delivery of the Economic Strategy utilising revenue from the Enterprise Zone Pot C.
Number of businesses created
Outputs – cumulative from April 1st 2019 to 31st Dec 2020 (Quarter 3)
Financial Year
Number of Direct Full-Time Jobs Created
High Value Jobs created
Committed
Carried forward
Financials (£ million)
Brought Forward
LEP Allocation
Spend [Act/Fcst]
Number of Jobs Safeguarded
•18 projects have a combined allocation of £1,522,372.
•15 projects now have their Grant Offer Letters and have commenced.
•£246,948 has been claimed so far in this financial year.
•Private match funding of £56,325.68 and public match funding of £199,693.90 has been recorded.
15 out of the 18 projects have Offer Letters. 2 projects are finalising details prior to Offer Letter stage and the 3rd (SCC Transport
Innovation Hub) is yet to return a re-profile sheet.
See Appendix A for project delivery status.
The Programmes Case Worker for the IPF Programme is working with Project Leaders of the 2019 project call to ensure claims and associated monitoring reports are received for
Quarter 4 of 2020/21.
15 out of 18 projects are now in their delivery phase.
Profiled Grant Spend to the end of Quarter 3 (2020/21) was £462,836. Actual Spend to the end of Quarter 3 was £164,954.73. Additional
payments were made in the first month of quarter 4 bringing total grant claims to £246,948. The majority of projects started delivery in the
previous quarter therefore accelerated spend is now expected.
No accumulated outputs were forecast by the end of Quarter 3.
Number of part time jobs created
Number of Businesses Supported (at least 12 hrs of support)
Number of Learners
Number of businesses created
No of Businesses Engaged
‐
500,000.00
1,000,000.00
1,500,000.00
2,000,000.00
Q1‐20/21 Q2‐20/21 Q3‐20/21 Q4‐20/21 2021/2022
InnovativeProjectFundAllocation
AxisTitle
Expenditure
QtrlyForecast QtrlyClaims AvailableIPF
29
Innovative Pro
j
ects Fund - 2018 Pro
j
ects Call
Pro
g
ramme Overview - What is the Innovative Pro
j
ects Fund
What is the Overall Pro
g
ramme Status?
Overall:
Green
Delivery:
Green
Spend:
Green
Outputs:
Green
What are our Ke
y
U
p
dates?
What is our Financial Position?
Forecast Actual Forecast Actual Actual Actual Actual Forecast
2019/20 2019/20 2020/21
Q1‐20/21 Q2‐20/21 Q3‐20/21 Q4‐20/21
2021/22
0.000 0.400 0.400 0.391 0.339 0.315 0.203
0.540 0.540 0.000 0.000 0.000 0.000 0.000 0.000
0.170 0.140 0.197 0.009 0.052 0.024 0.007 0.203
0.170 0.000 0.197 0.188 0.136 0.112 0.105 0.203
0.369 0.400 0.203 0.391 0.339 0.315 0.308 0.000
What is our contribution to the Economic Strategy?
Quarter/ year:
(Jan - March) 2021
Actual to date
Programme Target
to 2021
265
159
10 60
012
25 94
049
041
Number of part time jobs created
6
0
What is the Project Delivery Status?
What are the Next Steps?
Number of Businesses Supported (at least 12 hrs of support)
Number of Learners
Number of businesses created
•There are 7 projects under the 2018 call of the Innovative Projects Fund with a combined allocation and commitment of £539,531.
•The value of claims for the first year (2019/20) was 140,001.15.
•Actual Spend to date is £231,633.97 (42.93%).
•£91,632.82 has been claimed so far in this financial year. The total project spend to date is £490,049
•Public match funding of £138,705 and Private match funding of £119,711 has been recorded.
7 out of 7 projects are now in their delivery phase. The Ipswich Cornhill Project has been completed.
Profiled Spend to the end of 2020/21 Quarter 3 is £267,057. Actual Spend to date is £224,758.97 (41.62%).
No accumulated outputs were forecast by the end of Quarter 3.
The Innovative Projects Fund is a revenue grant programme that provides funding towards innovative projects to support the delivery of the themes and activities identified in the
Economic and Local Industrial Strategies. The first call of the Innovative Projects Fund was made in October 2018 with a remit to facilitate innovative projects supporting economic
growth and the delivery of the Economic Strategy utilising revenue from the Enterprise Zone Pot C.
Number of businesses created
Outputs – cumulative from April 1st 2019 to 31st Dec 2020 (Quarter 3)
Financial Year
Number of Direct Full-Time Jobs Created
High Value Jobs created
Committed
Carried forward
Financials (£ million)
Brought Forward
LEP Allocation
Spend [Act/Fcst]
Number of Jobs Safeguarded
7 out of the 7 projects have Offer Letters.
Building Supply Chains - NCC: This full grant award has now been paid to this project. The project has been suspended during the COVID Restrictions and delay of the offshore
Vattenfall development. The project has so far, provided 25 businesses with at least 10 hours of support each. Public match funding of £5,298.39 and private match funding of
£20,220.35 has been spent to date. The project is now being brought back under a new name ‘Gearing Up to Grow’ led by a partnership of NCC and EEEGR.
The Ipswich Cornhill Action Plan- Ipswich Central: A claim of £23,712.05 was submitted late for Quarter 3 and a further claim of £2,032.95 was paid in Quarter 4. This project has
been completed. The project attracted £57,391.41 in Public Match Funding and £34,301.74 in Private Match funding. It created 62 new events in the Cornhill, increased dwell time by
9.75% and created a 27.75% increase in visits to the area.
Norfolk & Suffolk Offshore Wind Competitiveness Positioning Programme - GYBC: A first claim has been received evidencing total expenditure of £108,437. £32,422 has been
paid to GYBC. The claim highights Local Authority match funding of £27,499 and other public match of (Pot B) £48,514. A second claim has been received from GYBC for £27,742
and is being processed (W/C 08/03/2021).
Fit for Nuclear - West Suffolk College: The project started in 2020. However, due to COVID and Sizewell still awaiting the Final Investment Decision (FID) this project has not
progressed as well as hoped. The project lead (WS College) has indicated that they are confident that there will be an announcement on Sizewell in March/April 2021 and Sizewell will
get its FID.
Growing the Year-Round Economy - Visit East of England: A 4th claim was paid in quarter 3 totalling £16,844.28. Two data stewards and administrator are now facilitated in an
office with the Affinity Agency who are developing the website. This gives them instant access to developers and client manager and help speed their work. The accommodation
booking API is now functional and VEE is working with partners ‘Staylists’ to encourage more accommodation venues to sign up.
The Catapult - The Catapult Network: The Catapult - The Catapult Network: The new post holder, Andy Holyland based at Orbis Energy in Lowestoft started on 1st January 2020. 3
claims have been paid to date totalling £20,814. The same total of Private Match has been recorded. A 4th Claim was paid in the second week of January 2021 for £6,875.
Creating Creative Capital - NUA: This project was re-approved by the IAC in October 2019. The project has submitted a signed offer letter and has claimed £20,000 to kick start the
project. This project is being paid in stages. The next payment of £70,000 is expected to be paid in April 2021. A monitoring report has been recieved for the first quarter.
The Programmes Case Worker for the IPF Programme is working with Project Leaders of the 2018 project call to ensure claims and associated monitoring reports are received for
Quarter 4 of 2020/21.
‐
100,000.00
200,000.00
300,000.00
400,000.00
500,000.00
600,000.00
2019/20 Q1‐20/21 Q2‐20/21 Q3‐20/21 Q4‐20/21 2021/2022
InnovativeProjectFundAllocation
AxisTitle
2020/21Expenditure
QtrlyForecast QtrlyClaims AvailableIPF
30
Appendix 1 – Innovative Projects Fund – Q4 2020-21 Programme Performance Report
Below is an update on all Innovative Projects Fund ‘2019 Call’ Projects, reflecting the
‘Project Delivery Status’ section of the Programme Performance Report.
Ref Status ProjectName&ProjectUpdate Offer
Letter
Signed&
Returned?
IPF‐19‐1 GREEN NCW‐Collaboration:Place:Change
PercentageofgrantClaimed:14.37%
TheNationalWritingCentrehassubmittedandbeenpaiditssecondclaim
for£2,850.Totalclaimed£10,415.Theprojecthascreated2P/Tpostsand
has so far achieved 15 leadership qualification /learner outputs.A
reprofiled budget has been submitted and approved. The new budget
meansthattheIPFwillretain£11,548asaconsequence.
Y
IPF‐19‐2 AMBER EastSuffolk–EastSuffolkSmartTowns.
PercentageofgrantClaimed:0%
InearlyNovember,theEastSuffolkTeamlaunchedtheirpilotDigitalAdvice
Service. The pilot will enable an insight for the larger ‘springboard’
programmethatformspartoftheInnovativeProjectsBidforEastSuffolk
SmartTowns.Thispilotprogrammewillrunforapprox.3months,support
200businessesandalsohaveasmallgrantschemeattached.Itisprimarily
being marketed to consumer facing business such as retail, salons, indie
pubs/restaurantsandfood/drink/consumerproductmakers.
Theprojecthasnotmadeaclaimyet.
Y
IPF‐19‐3 GREEN UEA–SunriseCoast‐Seedcorn.
PercentageofgrantClaimed:0%
The project has been completed. The project timeframe was constricted
duetothelatereleaseoftheUKRIStrengthinPlacesprogrammeguidance
and earlier submission requirement. The UEA took the decision to hire
consultants to undertake delivery. That said, the eventual total project
value was closer to £32 million (original estimate £20million) and if
successfulwillleadtothedirectcreationof21jobsfortheregionaspartof
the programme and with the potential to support the creation ofmany
thousands of additional high value jobs. 1 indirect High Value FTE was
created.Theprojectexpenditurebreakdownhasbeenapprovedandonce
wehavereceivedallevidenceaclaimof£20,000willbepaid.
N
IPF‐19‐4 GREEN SCC–CultureDrivesGrowth
PercentageofgrantClaimed:11.11%
TheNewAngliaLEPCultureBoardhasCommissionedTomFlemingCreative
ConsultancytodeliverthedevelopmentoftheCulturalStrategy.
Aclaimfor£1,666.66hasbeensubmittedandpaid.
Y
31
IPF‐19‐5 GREEN
Netmatters–SCIONProject
PercentageofgrantClaimed:44.25%
Theprojectisthefurthestalongandhasnowsubmitted2claimstothe
valueof£44,250.ThevalueofMatchFundingtodateis£51,000andithas
created19learnerpositions/opportunities.
Y
IPF‐19‐6 RED SouthNorfolkDC–SETI
PercentageofgrantClaimed:0%
AwaitingmatchfundingconfirmationbeforeproceedingtoOfferLetter
Stage.
N
IPF‐19‐7 GREEN InnovationLabsStowmarket
PercentageofgrantClaimed:63.76%
£28,694hasbeenclaimedbyInnovationLabstowardsthevirtualtenancy
andthetwointeractiveplatforms.£8,694ofPrivatematchhasbeen
recorded.
Y
IPF‐19‐8 AMBER CNTC–NAAME
PercentageofgrantClaimed:0%
LedbyBroadlandDistrictCouncil–theprojectisunderway,andthefirst
claimwillbesubmittedinthefirst2weeksofApril.
Y
IPF‐19‐9 AMBER NCC–NorwichGoodEconomyProject
PercentageofgrantClaimed:0%
ThisprojectisawaitinganOfferLetterfromSCC.
N
IPF‐19‐10 RED SCC–InnovationHubwithinTransportStrategy
PercentageofgrantClaimed:0%
AwaitinginformationfromSuzanneBuck(SCC).
N
IPF‐19‐11 GREEN TCHC–VGIncubator
PercentageofgrantClaimed:48.45%
Thisprojectisprogressingwell.Thereare28studentsontheprogramme
atpresent.Thetargetfortheprojectis80.Theprojectisreceivingvery
goodfeedback–notablyoneteamofstudentswillbemeetingwithgames
giant‘Ubisoft’todiscusstheirIndiegame.
Y
32
IPF‐19‐12 GREEN NCC–InnovateUKMentoringProject
PercentageofgrantClaimed:54.40%
Thisprojecthassubmitteditsfirstclaim.Anupfrontpaymentwasmadein
Decembertotalling£50,760.Theprojectisprogressingwell.Apanelof
businesspeoplewithInnovativegrantsuccesshavebeenenlistedto
supportforthcomingInnovateUKapplicants.
Y
IPF‐19‐13 AMBER Coderus–LOCKE
PercentageofgrantClaimed:0%
Thisisaprivatesectorledprojectthatexpressedawishtodelaythe
projectby6monthsduetoCOVID.TheGrowthHubisnowintouchwith
CoderusregardingstartingtheIPFproject.AreferraltotheNAChasbeen
recommendedforadditionalmatchfunding.
Y
IPF‐19‐14 GREEN Catapult‐F4ORE
PercentageofgrantClaimed:30.96%
Theprojecthasmadeasecondclaimandidentifiedthe10businessesto
starttheFit4Offshorequalification.Theprojecthasbenefitedfrom
additionNSFgrantfundingtootoincreasethenumberofbusinessesby5.
Y
IPF‐19‐15 GREEN BCKLWN–GAMEON
PercentageofgrantClaimed:19.60%
Theprojecthasmadeasecondclaim.Thecoreteamhasbeenhiredand
pre‐productionworkhascommenced.Productionshouldstartin
December/January.Theprojectmanagerhasnotedefficiencyhas
improvedsinceremoteworkingbecamethenorm.
Y
IPF‐19‐16 GREEN FirstLightLowestoft
PercentageofgrantClaimed:18.21%
Theprojecthasmadeasecondclaim.Acomprehensivecommunications
planhasbeencreated.TheprojectdeliveredtheFierySunWinterSolstice
event–itwasstreamedoverthesolsticeweekendonthe19/20/21
st
December.
Y
IPF‐19‐17 GREEN NCC–CelebratingCulture
PercentageofgrantClaimed:2.58%
AfirstclaimwaspaidinJanuary.TheFreelancecampaignmanagement
rolehasbeenfilled.InMay2020,theprojectleadrescopedtheproject
witharevisedfocuson2021andsupportingtherecoveryofthevisitor
economyandculturalsector,postCOVID‐19.
Y
IPF‐19‐18 GREEN ICM–IpswichCornhill
PercentageofgrantClaimed:0%
Afirstclaimof£27,185hasbeensubmittedandisbeingprocessed.
Y
33
34