Issue details

LCR 273 - Drawdown of remaining Future Innovation Fund to

Approval is sought to drawdown the final tranche of Future Innovation Fund (“FIF”) funding from the re-purposed Brexit Resilience Fund to allow a third call of the Fund to be opened for applications.

 

Approval is also sought to adjust the terms of the FIF programme to allow the FIF funding allocation to be combined with CA approved (on 20 September 2021) allocation to the Growth Platform of £1m of ERDF LCR High Growth Programme funding in order to increase the scale of the FIF under a new name, the “High Growth Innovation Fund”.

 

Decision type: Key

Reason Key: Financial and Community Impact;

Decision status: For Determination

Local Authorities affected: (All Local Authorities);

Notice of proposed decision first published: 10/05/2022

Anticipated restriction: Part exempt  - View reasons

Decision due: 10 Jun 2022 by Liverpool City Region Combined Authority

Lead director: Dr Aileen Jones

Contact: Ben Heywood Email: ben.heywood@liverpoolcityregion-ca.gov.uk.

Consultees

Liverpool City Region Internal Investment Panel

Making Representations: Dr Aileen Jones, Executive Director Investment and Delivery Email: aileen.jones@liverpoolcityregion-ca.gov.ul