465 Social Impact Investment Fund PDF 231 KB
Minutes:
The subject of the decision
The Assistant Chief Executive (Policy, Performance and Economic Strategy) submitted a report which sought member’s approval on the allocation of funds from the Allerdale Social Impact Investment Fund (SIIF) for 2022/23.
Councillor M Johnson moved the recommendation as per the report; this was seconded by Councillor M Fitzgerald. The motion was unanimously agreed.
Alternative options considered
The report set out the suggested allocation of the remaining SIIF funding available.
Alternative suggested uses of the fund may be made so long as they were a strategic fit with the Sellafield Social Impact Strategy.
The reason for the decision
To agree the allocation of funds from the Allerdale Social Impact Investment Fund (SIIF) for 2022/23, subject to the decision of the Sellafield Board to provide £500,000 each to Allerdale and Copeland for socio-Economic activity.
The decision
Resolved
That the allocation of funds from the Social Impact Investment Fund of £500,000 for 2022/23 as outlined in paragraph 4.3 of the report be approved.