New Anglia Investment Appraisal Committee
(Teleconference)
Meeting Minutes (Confirmed)
25th September 2019
Present:
Committee Members
Lindsey Rix (LR)
Aviva
Martin Williams (MW)
Santander
Alan Waters (AW)
Norwich City Council
Dominic Keen (DK)
High Growth Robotics
David Ellesmere (DE)
Ipswich Borough Council
Tim Whitley (TW)
BT
In Attendance
Rosanne Wijnberg (RW)
New Anglia LEP
Chris Dashper (CD)
New Anglia LEP
Tanya Nelson (TN)
New Anglia LEP
Iain Dunnett (ID)
New Anglia LEP
ACTIONS
Innovative Projects Fund
Amend ToR to reference the Local Industrial Strategy
CD
Growing Places Fund: The Nest (Confidential)
Approach Andrew Proctor discuss options for underpinning losses
RW
1
Welcome from the Chair
David Ellesmere (DE) welcomed everyone to the meeting pending Lindsey’s Rix joining the call.
2
Apologies
Apologies were received from Andrew Proctor and Sandy Ruddock.
3
Declarations of Interest
None
4
Minutes of previous meeting (23rd July 2019)
The minutes of the previous meeting were approved by the committee.
5
Growing Places Fund Horizon Paper (Confidential)
Iain Dunnett (ID) reviewed the GPF Horizon Paper highlighting the healthy pipeline of projects.
6
Growing Business Fund Programme Performance Report (Confidential)
6.1
Growing Business Fund RAG rating
6.2
Small Grants Scheme Approvals
The monthly GBF report and accompanying appendices were reviewed by the Committee.
7
Innovative Projects Fund Performance Report
This item was not reviewed by the meeting.
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8
Innovative Projects Fund Proposal
Chris Dashper (CD) reviewed the paper on the amendments to the fund and presented the Terms of
Reference noting that they would also be presented at the September LEP Board meeting.
CD noted that the split of the fund allocation between the counties had not been included as this could
not be guaranteed until the flow of applications was assessed but recommendations could be managed
as part of the decision making process.
The meeting discussed the makeup of the IPF Panel which will meet biannually.
Alan Waters (AW) requested that the ToR include reference to the Local Industrial Strategy which should
be considered when making application decisions in the targeting of key sectors. This was agreed.
ACTION: Amend Terms of Reference to include consideration of the Local Industrial Strategy
9
Growing Places Fund: The Nest (Confidential)
10
GPF: Loan Update (Confidential)
11
Any Other Business
None
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