Issue details
Capital Grant Release from the Whitechapel High Street Fund to the London Small Business Centre to deliver workspace and business support services at 206 Whitechapel Road, Whitechapel
A) To provide oversight for the grants allocation process being undertaken against the Whitechapel High Street Fund project
B) To approve a capital grant allocation £227,000 to the London Small Business Centre to undertake capital works to enable and deliver workspace and business support at 206 Whitechapel Road.
Decision type: Key
Decision status: Recommendations Approved
Wards affected: Spitalfields & Banglatown; Stepney Green; Whitechapel;
Notice of proposed decision first published: 30/04/2016
This decision will be taken under urgency procedures.
Reason for urgency:
Capital spend on the Whitechapel High Street Fund must be approved and spent before 30th September 2016 as advised by the GLA Regeneration funding team and therefore is at risk to underspend and loss if not fulfilled. Furthermore the two affected parties, London Small Business Centre and the Royal Mail Group will not enter into a lease agreement and have indicated further delay we nullify the arrangement should the capital grant not be allocated to the site within these timescales
Decision due: 24 May 16 by Commissioners' Decision Making Meeting
Lead member: (Deputy Mayor and Cabinet Member for Work, Economic Growth and Faith)
Department: Development and Renewal
Contact: Corporate Director, Development & Renewal.
Consultation process
Through regular stakeholder update meetings and project working group meetings, which will continue involving the:
- Whitechapel Vision Delivery Strategic Partnership Board
- Mayor Biggs and lead member (Cllr Joshua Peck)
- Royal Mail Group
- GLA
- Whitechapel Vision Delivery Council Officer Steering Group
- Scrutiny & Equalities
Has an Equality Analysis been carried out and if so the result of this Assessment?: Full EqIA is not required in this case, however the selection of workspace provider partners and allocation of capital amounts have been determined as per a selection process integrating elements of the LBTH Social Cohesion Toolkit. Please see Appendix 1 Enterprising Whitechapel - Call for Bids guidance note for details.
What supporting documents or other information will be available?: Appendix 1: Enterprising Whitechapel - Call for Bids guidance note Appendix 2: DMT reported dated 2nd February 2016 Appendix 3: LSBC BID Return Appendix 3: 206 Whitechapel Road Feasibility Study dated Sept 2015 (LBTH) Appendix 4: 206 Whitechapel Road Feasibility Study dated 2015 (LSBC)
Agenda items
- 24/05/2016 - Commissioners' Decision Making Meeting Capital Grant Release from the Whitechapel High Street Fund to the London Small Business Centre to deliver workspace and business support services at 206 Whitechapel Road, Whitechapel 24/05/2016
- 24/05/2016 - Commissioners' Decision Making Meeting Capital Grant Release from the Whitechapel High Street Fund to the London Small Business Centre to deliver workspace and business support services at 206 Whitechapel Road, Whitechapel 24/05/2016