Designation of Cornwall Council as Accountable Body for Kernow Industrial Growth Fund and related delegations
Cornwall Council will manage the £30 million Kernow Industrial Growth Fund for 2026‑28, has approved its investment plan, and senior officers can now finalise the plan and sign a memorandum of understanding with the UK government.
Cabinet·2026-03-18
Description
Cornwall Council was appointed the Accountable Body for the £30 million Kernow Industrial Growth Fund for 2026‑28, the Investment Plan was approved, and authority was delegated to senior officers to finalise the plan and sign a Memorandum of Understanding with the UK Government.
Individual Votes
No individual votes recorded.
Related decisions
Also from this meeting
- Welcoming Corporate Peer Challenge feedback and endorsing draft action plan
- Cabinet acceptance in principle to explore Single Foundation Strategic Authority designation
- Delegation of authority for Local Plan and Spatial Development Strategy and additional £1.2m reserve funding
- Approval of Cornwall Housing and Celtic Sea Power Four‑Year Business Plans and related BEIS funding
- Adoption of Corporate Asset Management Strategy and delegation for governance arrangements
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- Receipt of Crisis and Resilience Fund monies and top‑up allocation18 Mar 2026 · Approved
- Revised revenue forecast and capital programme for 2025/26 noted13 Mar 2026 · Noted
- Approve LPPI shareholding, Brunel wind‑down and delegated authority12 Mar 2026 · Approved
- Note Pension Benefits report and seek clarification12 Mar 2026 · Noted