URL: https://wolverhampton.moderngov.co.uk/ieDecisionDetails.aspx?ID=9870

Decision Maker: Cabinet Member for Development, Jobs and Skills

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Purpose: This IEDN will seek approval to create a supplementary revenue budget comprising external grant from the West Midlands Combined Authority to support professional services and activities for the continued delivery of the Green Innovation Corridor programme within the West Midlands Investment Zone.

Content: 1.      Approved the creation of supplementary revenue budget of £415,000 for financial year 2025-2026 for the continued delivery of Green Innovation Corridor within the West Midlands Investment Zone, subject to a signed grant agreement with the West Midlands Combined Authority as noted below.   2.      Authorised the Council to enter into a Grant Agreement with the University of Wolverhampton to transfer £124,000 to support delivery of the Green Innovation Corridor Programme.   3.      Authorised the Chief Operating Officer to negotiate, execute, seal and complete all necessary legal documents to give effect to the above recommendations.  

Date of Decision: October 2, 2025