The exempt report of the Executive Director for Strategy seeks approval to provide a grant to the company named in the report to enable the delivery of a business support service in Wirral.

The report advises that the project is time critical and for commercial reasons a decision is required prior to the next meeting of the Cabinet.

Resolved –

(1)  That a grant, paid from the date of the signing of the legal agreement, be approved towards the business growth project being undertaken by the company named within the report.

(2)  That the Assistant Director: Law and Governance be authorised to draw up and sign a loan agreement between the Council and the business based upon the content of this report and subject to the detailed contracting process.