Decision details

Decision Maker: Portfolio Holder for Investment and Growth

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Award of a SME Growth Fund grant to Local Marketing Team Ltd, a company in Elmstead Market.

Decision:

To award a grant of £37,500 to The Local Marketing Team Ltd, a company in Elmstead Market, from the Council’s SME Growth Fund.

Reasons for the decision:

The Local Marketing Team 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:

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

Interests and Nature of Interests Declared:

None.

Publication date: 05/12/2018

Date of decision: 03/12/2018

Date comes into force if not called in: 13/12/2018

Call-in deadline date: 12/12/2018

Current call-in Count: 0

Accompanying Documents: