Decision details

Shared Prosperity Fund Business Launchpad Project

Decision Maker: Executive Director, City Futures

Decision status: Recommendations Approved


To seek approval to enter into a service level agreement with Barnsley Metropolitan Borough Council (BMBC) and to accept a UK Shared Prosperity Fund (UK SPF) grant to deliver the UK SPF funded Launchpad project.


·       Approves the Council entering into the Service Level Agreement (SLA) with Barnsley Metropolitan Borough Council (BMBC) to deliver the Launchpad Project as set out in this report.


·       Approves the Council accepting a UK Shared Prosperity Fund grant of £686,969 to deliver the Launchpad Project as set out in the report.

Reasons for the decision:

The SLA is required in order to deliver the Launchpad project and contribute towards the outputs for UKSPF approved by the Economic Development and Skills Committee.  The grant will also contribute towards the Councils costs.

Alternative options considered:

BMBC are required by the terms of the agreement with South Yorkshire Mayoral Combined Authority (SYMCA) to enter into SLA’s with all Local Authorities to deliver their elements of the project.


An alternative form of delivery for Sheffield would result in a delay in providing much needed support to individuals looking to start enterprises and early stage businesses requiring support to survive and grow. 


It would also mean there was less alignment with the themes developed in the SYSPF Investment Plan and might not be supported by SYMCA.

Publication date: 13/11/2023

Date of decision: 25/10/2023

Accompanying Documents: