Decision details
Future Bright (FB) Funding Options for 2024/2025 and future development approach
Decision Maker: Chief Executive, West of England Combined Authority
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
That:
1) Increase funding envelope to £1.413m using Mayoral Priority Skills Fund (MPSF) and UK Shared Prosperity Fund (UKSPF) for the 2024/25 year, on the basis that this funding rate would then reduce as Future Bright integrates into the Skills Connect service beyond 1 April 2025, benefitting from greater synergy and economies of scale.
Publication date: 10/04/2024
Date of decision: 16/08/2023
Accompanying Documents: