South Ayrshire Council will set out the way it plans to make use of the £5m the UK authorities has put in place to exchange EU funding post-Brexit.
The UK Shared Prosperity Fund (SFP) has been set as much as exchange the present ESF (European Social Fund) and ERDF (European Regional Growth Fund).
The brand new fund has attracted controversy, with the Scottish Authorities claiming that it could take £549m to exchange EU funding, way over the £212m Scottish authorities will obtain over a 3 yr SPF.
The SPF funding in South Ayrshire will improve from £770k in 2022/23 to £2.96m in 2024/25.
The UK Authorities says the fund will match the degrees of European funding in 2024/25, claiming the remaining EU funded tasks account for the decreased SPF funding within the first two years.
The scheme has additionally attracted criticism for bypassing the Scottish Authorities, who beforehand directed EU cash, and going on to councils.
A report back to South Ayrshire Council’s Cupboard on Tuesday states: “The UK Shared Prosperity Fund (SPF) is a part of the UK Authorities’s Levelling Up agenda.
“The UK Authorities has a dedication to ‘stage up’ all elements of the UK, decreasing regional disparities, spreading alternatives and in the end restoring a way of group, native pleasure and belonging.”
The cupboard will think about the appliance for the fund, which covers group, enterprise assist and other people and abilities.
The council has recognized sectors by which to speculate: together with £42k for city monitoring tools, £154k for group wealth constructing, £250k for a fund to assist native tasks, £1.13m in enterprise assist, £856k in visualisation information assist for enterprise, £1.4m in employability programmes and £237k for Skypath coaching, tying in with the spaceport work at Prestwick Airport .
The overall value of the programme is £5.55m, with round £500k coming from the council.
The report states: “The overarching intention of SPF is to construct pleasure in place and improve life possibilities.”
The targets of the fund are to:
- increase productiveness, pay, jobs and dwelling requirements by rising the non-public sector
- unfold the alternatives and enhance public providers
- restore a way of group, pleasure and belonging
- empower native leaders and communities
Every of the three Ayrshire authorities has indicated an intention to submit particular person funding plans that mirror a regional consistency in strategy.
The report continues: “The funding offered assist to financial growth and social inclusion programmes for an intensive interval.
“The Council has been a recipient of ESIF, supporting workers posts, Council providers and contracts together with these with third sector organisations.
“It's hoped to maintain and proceed to ship these providers and safe a clean transition from ESIF funds to SPF. proposals.
“Sustaining and sustaining assist mechanisms inside council providers is especially important at the moment.”
The cupboard will think about the report on Tuesday, August 30.
Do not miss the newest Ayrshire headlines –signal as much as our free day by day publication right here