UK Shared Prosperity Fund (ATT)

Description

The UK Shared Prosperity Fund (UKSPF or the Fund) is a central pillar of the UK government’s ambitious Levelling Up agenda and a significant component of its support for places across the UK. It will help places right across the country deliver enhanced outcomes and recognises that even the most affluent parts of the UK contain pockets of deprivation and need support. The Council through this tender process sought organisations to deliver specific interventions in order to achieve the programmes outputs and outcomes. Lot 1: E13: Community measures to reduce the cost of living Community measures to reduce the cost of living, including through measures to improve energy efficiency, and combat fuel poverty and climate change. • The successful Supplier is required to deliver a programme of support to help residents, primarily in Torbay's most deprived areas, to improve their energy efficiency. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • 200 households supported to take energy efficiency measures • 450 people reached 5% increased take up of energy efficiency measures Lot 2: E20: R&D grants supporting innovation, product and service development / E23: Strengthening local entrepreneurial systems • E20: Research and development grants supporting the development of innovative products and services • E23: Strengthening local entrepreneurial ecosystems and supporting businesses at all stages of their development to start, sustain, grow and innovate, including through local networks • Interventions E20 and E23 are being commissioned together. • The successful Supplier is required to provide business support to start up and existing high growth businesses - this can be in terms of sector, job growth, revenue. • The successful Supplier is also required to administer the grants delivering the required outputs and outcomes. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • E20: 9 businesses receiving grants • E23: 110 businesses receiving non-financial support • E20: £200,000 of increased investment • E20: 9 businesses introducing new products to the firm • E20: 5 businesses adopting new technologies/processes to the firm • E20: 9 R&D active businesses • E20: 7 businesses adopting new or improved products or services • E23: 20 jobs created • E23: 50 jobs safeguarded • E23: 10 new businesses created • E23: 10 businesses introducing new products to the firm • E23: 50 businesses with improved productivity • E23: 15 businesses engaging in new markets Lot 3: E29: Supporting decarbonisation and improving the natural environment • Supporting decarbonisation and improving the natural environment whilst Growing the local social economy • Taking a whole systems approach to invest in infrastructure to deliver effective decarbonisation across energy, buildings and transport and beyond, in line with our legally binding climate target • Maximising existing or emerging local strengths in low carbon technologies, goods and services to take advantage of the growing global opportunity • The successful Supplier is required to develop and support the implementation of 96 decarbonisation plans that lead to evidenced resource efficiency. • The successful Supplier will be responsible for administering the capital allocation in 2024/2025 and will need to give careful consideration as to how this will be done. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • 96 businesses receiving non-financial support • 40 businesses receiving grants • 96 decarbonisation plans developed • 30 jobs created • 40 jobs safeguarded • 20 new businesses created • 20 businesses adopting new to the firm technologies or processes Lot 1: E13: Community measures to reduce the cost of living Community measures to reduce the cost of living, including through measures to improve energy efficiency, and combat fuel poverty and climate change. • The successful Supplier is required to deliver a programme of support to help residents, primarily in Torbay's most deprived areas, to improve their energy efficiency. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • 200 households supported to take energy efficiency measures • 450 people reached 5% increased take up of energy efficiency measures Lot 2: E20: R&D grants supporting innovation, product and service development / E23: Strengthening local entrepreneurial systems • E20: Research and development grants supporting the development of innovative products and services • E23: Strengthening local entrepreneurial ecosystems and supporting businesses at all stages of their development to start, sustain, grow and innovate, including through local networks • Interventions E20 and E23 are being commissioned together. • The successful Supplier is required to provide business support to start up and existing high growth businesses - this can be in terms of sector, job growth, revenue. • The successful Supplier is also required to administer the grants delivering the required outputs and outcomes. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • E20: 9 businesses receiving grants • E23: 110 businesses receiving non-financial support • E20: £200,000 of increased investment • E20: 9 businesses introducing new products to the firm • E20: 5 businesses adopting new technologies/processes to the firm • E20: 9 R&D active businesses • E20: 7 businesses adopting new or improved products or services • E23: 20 jobs created • E23: 50 jobs safeguarded • E23: 10 new businesses created • E23: 10 businesses introducing new products to the firm • E23: 50 businesses with improved productivity • E23: 15 businesses engaging in new markets Lot 3: E29: Supporting decarbonisation and improving the natural environment • Supporting decarbonisation and improving the natural environment whilst Growing the local social economy • Taking a whole systems approach to invest in infrastructure to deliver effective decarbonisation across energy, buildings and transport and beyond, in line with our legally binding climate target • Maximising existing or emerging local strengths in low carbon technologies, goods and services to take advantage of the growing global opportunity • The successful Supplier is required to develop and support the implementation of 96 decarbonisation plans that lead to evidenced resource efficiency. • The successful Supplier will be responsible for administering the capital allocation in 2024/2025 and will need to give careful consideration as to how this will be done. • The outputs and outcomes delivered through the project must be achieved by 31 March 2025. • 96 businesses receiving non-financial support • 40 businesses receiving grants • 96 decarbonisation plans developed • 30 jobs created • 40 jobs safeguarded • 20 new businesses created • 20 businesses adopting new to the firm technologies or processes