The Committee considered a report outlining broad criteria of a £1M Inward Investment Fund covering the area of 51³Ô¹ÏÃâ·ÑApp and Bute.Ìý It was intended that the fund would be to promote the growth of the 51³Ô¹ÏÃâ·ÑApp and Bute economy through attracting significant inward investment to the region that has the potential for a transformational impact.
Decision
The Committee approved the implementation of the Inward Investment Fund and its associated criteria and governance arrangements, intended to promote the growth of the economy in 51³Ô¹ÏÃâ·ÑApp and Bute.
(Reference: Report by Executive Director – Development and Infrastructure Services dated 21 March 2016, submitted)