Decision details

Incuhive Business Support Programme Agreement 2025/26

Decision Maker: Joint Assistant Director: Regeneration and Economic Development

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Decision:

The Incuhive Group Ltd has been offering free independent and impartial advice to new and start up businesses, and those thinking of starting a business, in the Borough of Guildford for two years from 1 April 2023 to 31 March 2025. The UK Shared Prosperity Fund has been supporting this free service for two years but the grant closed on 31 March 2025 so an alternative funding stream is needed.
The Council plans to continue working with Incuhive for another year to assist the Borough's small business community but this time it will be funded by the Council's Economic Development revenue budget for 2025/2026.
This Funding Agreement is between the Council and The Incuhive Group Ltd for one year from 1 April 2025 to 31 March 2026 at a cost of £4,800.00.

Reasons for the decision:

To provide the Borough's small business community with invaluable help and assistance, free of charge. The last two years has proved to be extremely successful for small businesses in the Borough and we want to keep this service going to benefit this important sector.

Alternative options considered:

MUST be completed / actions explained. If there are no alternative options, state 'None'.
None.

Source of Authority to take Decision:

"SoD 2.8.7- To take any action in relation to procurement and the letting of contracts for goods, works and services, within approved budgets."


Publication date: 04/04/2025

Date of decision: 03/04/2025