Decision Maker: Liverpool City Region Combined Authority
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Recommendation to approve grant support of up to £3,486,400 to fund a programme of intensive support business for scale-up tech-enabled SME business in 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) a budget of up to £4,486,400 allocated from Gainshare Revenue (£3,150,260) and Gainshare Capital (£336,140) be approved;
(ii) the appointment of the successful bidder following the conclusion of the procurement exercise (“the Supplier”) as service provider to deliver the programme be approved;
(iii) authority be granted to the Director of Commercial Development and Investment, in consultation with the Combined Authority Monitoring Officer and Combined Authority Treasurer, to finalise the terms of any legal agreements necessary to secure the services of the Supplier.
Publication date: 04/10/2019
Date of decision: 04/10/2019
Effective from: 12/10/2019