The Committee considered a report outlining broad criteria of a £1M Inward Investment Fund covering the area of Argyll and Bute. It was intended that the fund would be to promote the growth of the Argyll 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 Argyll and Bute.
(Reference: Report by Executive Director – Development and Infrastructure Services dated 21 March 2016, submitted)