Decision details

To enable work to commence on the Investment Readiness project which will support at least 300 small and medium-sized enterprises (SMEs) across the City Region to grow, become productive and provide better quality jobs by supporting them to attract the right amount and type of external investment.

To approve that the Investment Readiness project proceeds through decision point 5 of the Combined Authority’s assurance process and work commences on activity 6 - delivery.

To give full approval of the Combined Authority’s contribution of £714,500 to be funded through the Leeds City Region Business Rates Pool and £714,500 funding from European Regional Development Funding (ERDF).

To approve that the Combined Authority enters into a funding agreement with the Ministry for Housing, Communities and Local Government (MHCLG) for £714,500 of European Regional Development Funding (ERDF) to support the delivery of the £1.429 million Investment Readiness project. The other £714,500 has already been approved from the Leeds City Region Business Rates Pool.