Resolved: That in respect of the Supporting Local Business Pledge Development Programme the Finance, Resources and Corporate Committee approved that:
(a) The Business Development Fund scheme proceeds through decision point 2 (Strategic Outline Case) and decision point 4 (Full Business Case) with Approval to Proceed to activity 5 (Delivery).
(b) Approval to the Combined Authority’s contribution of £500,000. The total scheme value is £500,000.
(c) Future approvals be made in accordance with the assurance pathway and approval route outlined in this report and where required, any change requests are delegated to the Business, Economy, and Innovation Committee. This will be subject to the scheme remaining within the tolerances outline in the report.