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New Anglia Investment Appraisal Committee
Confidential Meeting Minutes (Confirmed)
26
th
May 2021
Present:
Committee Members
David Ellesmere (DE)
Ipswich Borough Council
Dominic Keen (DK)
High Growth Robotics
Sandy Ruddock (SR)
Scarlett & Mustard
Kathy Atkinson (KA)
Kettle Foods
Alan Waters (AW)
Norwich City Council
Martin Williams (MW)
Independent IAC Member
In Attendance
Rosanne Wijnberg (RW)
New Anglia LEP
Chris Dashper (CD)
New Anglia LEP
Helen Wilton (HW)
New Anglia LEP
Melanie Richardson (MR)
New Anglia LEP
ACTIONS
Grants to be reordered on the Horizons report as per the level certainty around claiming – ID
1
Welcome from the Chair
David Ellesmere (DE) welcomed everyone to the meeting.
2
Apologies
Apologies were received from Tim Whitley and Andrew Proctor
3
Declarations of Interest
None
4
Minutes of previous meetings
The minutes of the last meeting were agreed as accurate.
Chris Dashper (CD) advised that the end of year grant data was now available and a full breakdown of
grants by district will be provided going forward
5
Horizon Paper and GPF Repayments – Confidential
The Committee agreed:
To note the content of the report
6
Growing Business Fund Programme Performance Report and SGS/GTI and Visitor
Economy/Wider Economy grant award appendices
CD advised that the 2021 budget was overcommitted and this has been carried forward into the 21/22
year. £2m was allocated from projects as unused and the same approach will be taken from other
projects going forwards where the funding is not drawn down. The programme continues to be popular
but the future fund is limited.
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The Committee agreed:
To note the content of the report
7
Resilience and Recovery Programme Performance Report and Grant Approvals by District
CD confirmed that new applications continue to be received. Local authorities are looking to set up their
own versions of the scheme to use the remainder of funding receive from Government and the Growth
Hub and LEP is assisting with this.
Martin Williams (MW) asked whether any requests were to support refinancing.
CD confirmed that proof of the project and capital investment was required and although a loan can be
used as part of the match funding the due diligence ensures that this can be repaid.
The Committee agreed:
To note the content of the report
8
IPF Calls 1 & 2 Programme Performance Report and IPF 2 project RAG rating appendix
CD confirmed that the pandemic has slowed many of the projects but that they were now progressing and
drawdown was expected soon. RW confirmed that there are no time restrictions on claiming these funds.
The Committee agreed:
To note the content of the report
9
Growing Places Fund Programme Performance Report – confidential appendix
The Committee agreed:
To note the content of the report
10
Growing Places Fund - Loan update - Confidential
11
AOB
CD advised that the updated committee Terms of Reference will be brought to the next meeting.
