Issue - meetings
MARCHES INVESTMENT FUND ALLOCATIONS
Meeting: 15/02/2016 - Marches Enterprise Joint Committee (Item 6)
6 MARCHES INVESTMENT FUND ALLOCATIONS 
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To allocate Marches investment funding againast a loan application received by the Marches local enterprise partnership (LEP).
Minutes:
The Committee considered allocating Marches investment funding against a loan application received by the Marches local enterprise partnership (LEP).
The Marches LEP Project Officer presented the report.
The Chairman of the LEP Board reported that the LEP Board had considered the application and supported it.
RESOLVED: That a loan of £720,000 (5.04% interest rate) to Dicentra LLP be approved.