On the 5th June 2023 the MCA Board delegated
authority to approve future individual innovation fund projects to
the Head of Paid Service (or delegate) in consultation with the
Chair of the Education, Skills and Employability Board, subject to
the following principles:
• Each application limited to a maximum of £200,000 per
application and minimum of £50,000
• Maximum of two applications per provider per year
• Proposals must have strong strategic alignment to, first and
foremost, economic growth and thereafter to SYMCA’s ten AEB
targets
• Proposals must have sensitivity to geographical distribution
of funding
• Proposals must make clear why the activity cannot be
supported from within existing AEB allocations
• Proposals must not duplicate or negatively affect other
provision available in South Yorkshire
• Consideration must be given to the wider financial position
and the need to balance investment in new provision with the extent
of existing provision.
Decision type: Non-key
Decision status: Recommendations Approved
Notice of proposed decision first published: 17/05/2024
Decision due: 17 May 2024 by Section 73 Officer
Contact: Gareth Sutton, Executive Director of Resources & Investment Email: Gareth.Sutton@southyorkshire-ca.gov.uk.