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Governance

Governance

Guided by our Good Growth Investment Plan, we’ll deliver the Shared Prosperity Fund (SPF) as a Joint Committee between Cornwall Council and the Isles of Scilly Council. 

Economic Prosperity Board

The Economic Prosperity Board consists of five elected Members from Cornwall Council (drawn from Cabinet) and two elected Members from the Council of the Isles of Scilly. Their primary responsibility is to oversee the delivery of the Shared Prosperity Fund in line with the Good Growth Investment Plan agreed by both councils.

The Economic Prosperity Board sits as a formal Cornwall Council committee, and meting notes are listed one the Council website:

Committee details – Cornwall and the Isles of Scilly Economic Prosperity Board

Dates of meetings

  • 10 October 2022
  • 16 November 2022
  • 20 January 2023
  • 19 April 2023

Prosperity Advisory Panel

A local partnership group has also been established to provide advice on strategic fit and deliverability of projects considered for funding under SPF.  This local partnership group is known as the CIoS Prosperity Advisory Panel.

This group includes representatives from a wide range of local organisations, including businesses, investors, partnership boards, education and skills providers, community and faith organisations, voluntary and social enterprise bodies, and environmental, public health, and police and crime representatives.

The purpose of the Prosperity Advisory Panel is to provide local insight and expertise on economic development issues to maximise benefits for Cornwall and the Isles of Scilly. The Panel will help to identify and address both need and opportunity for the SPF, including deliverability within in-year spending targets, and advise on wider economic policy.  The Panel will also provide strategic advice on delivery, via review of the yearly commissioning plans. The Panel will provide oversight of programme performance and output, as well as advising the CIoS EPB on any unforeseen shocks to the economy and potential responses.

Further information on the Panel can be found in the Terms of Reference.

Dates of meetings

Panel Membership