Decision details

To enable work to commence on the delivery Resource Efficiency Fund 2, building on the success of REF 1 by supporting SMEs identify and implement cost effective improvements in energy and resource efficiency. It will do this by removing the barriers preventing SMEs investing in energy and resource efficiency, through provision of information, advice, guidance and financial support.

To approve that:

The Resource Efficiency Fund 2 project proceeds through decision point 5 and work commences on activity 6 (Delivery).

Full approval to the Combined Authority’s contribution of £2,616,552, which will be funded from £2.000 million ERDF funding for Leeds City Region and £616,552 from the Leeds City Region Local Growth Fund, is given. The total project value for the Leeds City Region is £4,453,819

Full approval to the Combined Authority to manage the York, North Yorkshire and East Riding Local Enterprise Partnership’s contribution of £1,031,028 which will be funded from £822,718 ERDF funding for York, North Yorkshire and East Riding region and £208,310 from the York, North Yorkshire and East Riding Local Growth Fund, is given. The total project value for the York, North Yorkshire and East Riding region is £1,645,420.

The Combined Authority enters into the relevant Funding Agreements with North Yorkshire County Council and MHCLG.