Issue - decisions

Digital Inward Investment Fund/Strategic Inward Investment Fund

04/09/2020 - Digital Inward Investment Fund/Strategic Inward Investment Fund

To approve that:

• The Digital Inward Investment Fund (DIIF) and the Strategic Inward Investment Fund (SIIF) are combined into one pot, which can be used more flexibly to support businesses in the Leeds City Region, who are growing and creating new jobs, as well as those who are responding to the challenges presented by COVID-19. This will create one fund with a total allocation of £13.45 million, of which £4.22 million has already been committed to businesses.

• The eligibility criteria for the Digital Inward Investment Fund is extended to enable grant to be provided to businesses from all sectors making investments in digital technologies and equipment to enable staff to work from home.