Issue details

North East Business and Innovation Growth Fund

To seek Cabinet approval to submit an application for European Regional Development Fund funding to operate a financial assistance scheme for small and medium enterprises within Gateshead, Sunderland South Tyneside

Decision type: Key

Reason Key: Affects more than 2 or more wards;

Decision status: For Determination

Notice of proposed decision first published: 19/11/2019

Anticipated restriction: Fully exempt  - View reasons

Explanation of anticipated restriction:
This matter will be dealt with during the private part of the meeting. This matter is considered to be commercially confidential and contains exempt information, as detailed below:

1. The report will contain “exempt” information which falls within paragraph 3 of part 1 of schedule 12A to the Local Government Act 1972 “Information relating to the financial or business affairs of any particular person including the authority holding the information; and

2. In relation to the “exempt” information, it has been determined that the public interest in maintaining the exemption outweighs the public interest in disclosing the information because of the serious consequences for the authority and others if the information should come into the public domain.

Decision due: 25 Feb 2020 by Cabinet

Contact: Joanne Proud, Enterprise and Industry Co-ordinator Email: Tel: 0191 433 2813.

Agenda items