Issue - meetings

REQUESTS FOR FINANCIAL ASSISTANCE

Meeting: 25/06/2009 - Cabinet (Item 48)

REQUESTS FOR FINANCIAL ASSISTANCE

Additional documents:

  • Restricted enclosure 2

Minutes:

The Deputy Chief Executive/Director of Corporate Services reported upon applications for financial assistance from two local companies to assist towards their business expansion projects, including details of the individual applications, project costs, financial appraisals, and conditions attached to the award of grant.

 

Resolved –

 

(1)  That the applications for financial assistance, as outlined by the Director, be approved.

 

(2)  That Think Big Investment Fund grants of the amounts recommended in the reports be provided to these companies, subject to the conditions attached to the award of grant.