Decision details

LCR 95 - Strategic Investment Fund: Inward Investment Facilitation Fund

Decision Maker: Liverpool City Region Combined Authority

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Recommendation to approve the formation of an inward investment facilitation fund. The fund would provide grant support to incentivise employment and productivity enhancing inward investment projects by small and medium sized enterprises into the Liverpool City Region.

 

This is a key decision by virtue of the quantum and community impact of the finance provided.  

Decision:

The Liverpool City Region Combined Authority agreed that:-

 

(i)             the provision of a grant fund of up to £4,500,00 (the Inward Investment Facilitation Fund, “I2F2) be approved; and

 

(ii)            authority be granted to the Director of Commercial Development and Investment to finalise negotiations of detailed terms of the fund and associated agreements in consultation with the Combined Authority Monitoring Officer and the Combined Authority Treasurer.

Publication date: 04/10/2019

Date of decision: 30/08/2019

Effective from: 12/10/2019

Accompanying Documents: