Decision details

LCR 94 - Strategic Investment Fund: Agent Academy

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 grant support of up to £706,000 to fund the expansion of a digital, creative and tech (DCT) employability programme for young adults in 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:

 

(i)         grant funding of up to £706,299 allocated from SIF Skills Capital (£121,388) and Gainshare Revenue (£584,911) be approved; and

 

(ii)        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 negotiation with the Sponsor of the detailed terms of the legal agreements necessary to deliver the project.

Publication date: 01/11/2019

Date of decision: 01/11/2019

Effective from: 09/11/2019

Accompanying Documents: