Decision Maker: Liverpool City Region Combined Authority
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
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.
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