1. That the recommended grant awards for the innovation fund for voluntary and community sector organisations as set out in Appendix 1 to the total value of £1,070,980 over 3 years be approved as apportioned as follows:-
· £ 408,077 for 2013/14
· £408,922 for 2014/15
· £ 253,981 for 2015/16
2. That it is noted that the recommended funding awards are to support the development of a partnership based approach to working with the voluntary and community sector; focusing on the development of innovative approaches to services that form a crucial part of support services infrastructure that underpins the wider personalisation and transformation of social care.
3. That it is noted that due to the front loading of funding into the 2013/14 and 2014/15 the level of funding to be allocated in year three is less than the first two years covered in this report. Use of the remaining budget provision of £129,020for year 3 (2015/16) will be subject to further consideration at the appropriate time as part of the councils ongoing strategic planning and review of its financial position.