Agenda item

CARMARTHENSHIRE BUSINESS START UP/BUSINESS GROWTH FUND

Minutes:

Following the application of the public interest test it was RESOLVED pursuant to the Act referred to in minute no. 4 above not to publicise the content of the report as it contained exempt information relating to the financial or business affairs of any particular person (including the Authority holding that information) (Paragraph 14 of Part 4 of Schedule 12A to the Act).

 

The public interest test in this matter related to the fact that the report contained detailed information about the business and financial affairs and ambitions of the applicants. In this case, the public interest in transparency and accountability is outweighed by the public interest in maintaining confidentiality, as disclosure of this information would be likely to damage the applicants at this stage.

 

Further to minute 2 of the meeting held on the 19th February 2018 the Executive Board Member considered applications for assistance from the Carmarthenshire Business Start-Up Fund and Carmarthenshire Business Growth Fund. The priority of both funds was to support the creation of jobs and new businesses within the County.

 

RESOLVED that the following applications for assistance from the Carmarthenshire Business Start-Up Fund and Carmarthenshire Business Growth Fund be approved subject to the usual terms and conditions and those specified in the report:

 

Carmarthenshire Business Start-Up Fund

Application Ref

Applicant

Award

SUF66

Wills Fresh Food & Coffee

£10,000.00

SUF65

Pentre Plumbing

£2,899.14*

Carmarthenshire Business Growth Fund

Application Ref

Applicant

Award

GF29

Qualitek Engineering

£10,000.00**

GF72

Agri Advisors

£9,119.46

GF89

Dyfed Steels Ltd.

£10,000.00

GF98

Padda Care Ltd.

£10,000.00

 

[*Revised total project cost noted.]

[**In place of £10k awarded on 19/12/18 following change to original application.]

 

Supporting documents: