Decision details

Award a SME Growth Fund Grant to Woodfashioners Ltd

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Decision Maker: Business & Economic Growth Portfolio Holder

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Award a SME Growth Fund grant to Woodfashioners Ltd, a company in Lawford.

Decision:

To award a grant of £20,000 to Woodfashioners Ltd, a company in Lawford, from the Council’s SME Growth Fund.

Reasons for the decision:

Woodfashioners Ltd applied to the SME Growth Fund, followed the application process and the application was put before the SME Growth Fund Grant Panel and approved.

Alternative options considered:

Woodfashioners Ltd met all eligibility criteria in order to submit a full application to the fund. Alternative options would have been to refuse the grant or to reduce the amount offered.