New Anglia Local Enterprise Partnership
Board Decision Log 2021 - Public
Date
Decision
Decision Made
Making Body*
15/12/21
Growing
The Panel approved the following applications:
Business Fund
• Creative Image Management Limited
Panel
Approved Grant £54,200
• Donella Limited
Approved Grant £38,568
• Gnaw Chocolate Limited
Approved Grant £91,400
• Laser Patterns Limited
Approved Grant £120,000
09/12/21
Investment
The Committee made the following decisions:
Appraisal
Growing Places Fund Investment options - Confidential
Committee
01/12/21
Growing
The Panel approved the following applications:
Business Fund
• Harford Attachments Limited
Panel
Approved Grant £28,283
24/11/21
LEP Board
The Board made the following decisions:
• New Anglia LEP Future Options - Confidential
To accept the recommended option and proceed with the development of a budget and business plan for 22/23
• New Anglia LEP Programme Evaluation Action Plan
To accept the implementation of the recommendations as detailed in the Programme Evaluation action plan
24/11/21
Investment
The Committee made the following decisions:
Appraisal
GPF Loan Request - Confidential
Committee
24/11/21
Growing
The Panel approved the following applications:
Business Fund
• New Form Construction Limited - Agreed to support
Panel
Approved Grant £120,000
03/11/21
Growing
The Panel approved the following applications:
Business Fund
• Skar Precision Mouldings Limited
Panel
Approved Grant £220,000
• DXB Pump & Power
Approved grant £102,261
06/10/21
Growing
The Panel approved the following applications:
Business Fund
• Thompson Packaging Limited
Panel
Approved Grant £208,727
22/9/21
LEP Board
The Board made the following decisions:
• GPF Application Nar Ouse Phase 2 - Confidential
* New Anglia Local Enterprise Partnership Board, Investment Appraisal Committee, Growing Business Fund Panel, Remuneration Committee, Audit & Risk Committee
22/9/21
Investment
The Committee made the following decisions:
Appraisal
Suffolk Inclusive Growth Investment Fund - Round 4 projects for approval - Confidential
Committee
To ratify the funding decisions made by the Suffolk Growth Management Team
8/9/21
Growing
The Panel approved the following applications:
Business Fund
• Advance Engineering (UK) Limited
Panel
Approved Grant £109,200
• Euro Workspace Limited
Approved Grant £79,886
• Universal Control Equipment Limited
Approved Grant £40,000
21/7/21
LEP Board
The Board made the following decisions:
• Tourism Action Plan
To endorse the Tourism Action Plan
• Freeport East - Confidential
To confirm the appointment of Chris Starkie as the representative of the New Anglia and South East LEPs on the Freeport East board, with
Adam Bryan, Chief executive of SELEP as alternate board member
• Draft Annual Financial Statements - Confidential
To approve the draft annual financial statements and audit Management Letter
• Chief Executive’s Report
To approve that up to £400k of the unallocated £860k R&R budget is allocated to the LEP sub programmes including the Growing Business
Fund
21/7/21
Investment
The Committee made the following decisions:
Appraisal
• Growing Places Fund grant request: - Confidential
Committee
• Growing Places Fund investment request: - Confidential
• Confidential Growing Places Fund investment request: - Confidential
• Growing Places Fund grant request: Confidential
7/7/21
Growing
The Panel approved the following applications:
Business Fund
• Lockwood Packaging Company
Panel
Approved grant £96,300
• Mirus Aircraft Seating Ltd
Approved grant £250,000
23/6/21
LEP Board
The Board made the following decisions:
Operating and HR Policies
To approve the HR and Operating Policies
23/6/21
Investment
The IAC made the following decisions:
Appraisal
• IAC & GBF Terms of Reference
Committee
To approve the Terms of Reference for the IAC and the GBF Panel
• Suffolk Inclusive Growth Investment Fund- Round 3 projects for approval - Confidential
To endorse the projects presented (Endorsement completed by written procedures)
2/6/21
Growing
The Panel approved the following applications:
Business Fund
• The Essentials Company
Panel
Approved Grant £28,369
• WECO Engineering Ltd
* New Anglia Local Enterprise Partnership Board, Investment Appraisal Committee, Growing Business Fund Panel, Remuneration Committee, Audit & Risk Committee
Approved Grant £60,000
26/5/21
LEP Board
The Board made the following decisions:
Developing the Norfolk and Suffolk Economic Renewal Plan
• To endorse the approach to developing the Norfolk and Suffolk Economic Renewal Plan.
Clean Growth Taskforce
• To approve the updated Clean Growth Taskforce terms of reference and three initial areas of focus.
• To appoint Pete Joyner to join the Clean Growth Taskforce and to act as interim Chair whilst an independent Chair can be recruited.
• To invite members of the Mag 7 group of entrepreneurs to be members of the Clean Growth Taskforce as part of the wider recruitment of
taskforce members
LEP Capital Budget 2021/22 - Confidential
• To approve the capital budget for the 2021/22 financial year
5/5/21
Growing
The Panel ratified the following applications:
Business Fund
• Broadland Radiator & Heat Exchangers Limited
Panel
Approved Grant £25,800
• Two Magpies Bakery Limited
Approved Grant £44,000
• Lexion Global Limited
Approved Grant £194,700
31/3/21
LEP Board
The Board made the following decisions:
• Norfolk and Suffolk Enterprise Zones: Strategic Plan 2021-26
To approve the Enterprise Zones Strategic Plan 2021-26
• Large Company Grant Scheme Application - Confidential
• GBF - Suffolk Broadband Scheme - Confidential
• LEP Delivery Plan 2021/22
To approve the Delivery Plan and delegate authority for final sign-off to the LEP CEO and COO
• LEP Operating Budget 2021/22 - Confidential
To approve the operating budget for 2021/22
• New Anglia LEP Governance
To approve the updated Local Assurance Framework, Scheme of Delegation and Accountable Body Agreement
• Chief Executive’s Pay Award - Confidential
17/3/21
Investment
The IAC made the following decisions:
Appraisal
• Suffolk Inclusive Growth Fund- Round 2 project call - Confidential
Committee
To endorse the three proposed projects
• Growing Places Fund - Loan variation request - Confidential
• Growing Places Fund - Loan Request - Confidential
3/3/21
Growing
The Panel ratified the following applications:
Business Fund
• Sands Agricultural Machinery Limited
Panel
Approved Grant £400,000
The Panel approved the following applications:
• Bacton Transport Limited
Approved Grant £86,800
• Sharp Systems Limited
Approved Grant £107,272
* New Anglia Local Enterprise Partnership Board, Investment Appraisal Committee, Growing Business Fund Panel, Remuneration Committee, Audit & Risk Committee
• Jaffa Imports Limited
Approved Grant £37,792
24/2/21
LEP Board
The Board made the following decisions:
• Energy Sector Recovery and Resilience Plan
To endorse the Recovery and Resilience Plan for Norfolk and Suffolk’s energy sector
24/02/21
Investment
The IAC made the following decisions:
Appraisal
Growing Places Fund - Loan Update - Confidential
Committee
27/01/21
LEP Board
The Board made the following decisions:
•
2021 LEP Strategic Priorities
To endorse the priorities identified for 2021
• Quarterly Management Accounts
To approve the budget transfer (subject to government agreement) of £1m from R&R to Growing Business Fund.
27/01/21
Investment
The IAC made the following decisions:
Appraisal
• Growing Places Fund - Loan application - Confidential
Committee
To unanimously recommend the project to the LEP Board
13/01/21
Growing
The Panel approved the following applications:
Business Fund
• Supersips Limited
Panel
Approved Grant £197,587
• DAB Civil Engineering Limited
Approved Grant £98,295
* New Anglia Local Enterprise Partnership Board, Investment Appraisal Committee, Growing Business Fund Panel, Remuneration Committee, Audit & Risk Committee
