That:

a)    Cabinet approve further investigation into the establishment of a recovery and investment fund to support Herefordshire businesses post Covid 19.

b)    Cabinet approve the principles and objectives of investment for a Herefordshire Recovery and Investment fund as detailed in paragraph 13.

c)    Cabinet authorises the Acting Deputy Chief Executive, Chief Finance Officer, to develop the scheme details based on the principles set out within this report and report back with the final proposals.