Decision details

Greater Manchester Investment Framework, Conditional Project Approval

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No

Decision:

  1. That an investment into My First Five Years Ltd of up to £750k be approved.

 

  1. That a follow-on investment into Immersify Education Ltd of up to £200k be approved.

 

  1. That a follow-on investment into Tootoot Limited of up to £100k be approved.

 

  1. That authority be delegated to the GMCA Treasurer and GMCA Monitoring Officer to review the due diligence information in respect of the above Fund, and, subject to their satisfactory review and agreement of the due diligence information and the overall detailed commercial terms of the investment, to sign off any outstanding conditions, issue final approvals and complete any necessary related documentation in respect of the investment noted above.

 

Publication date: 21/12/2021

Date of decision: 17/12/2021

Decided at meeting: 17/12/2021 - Greater Manchester Combined Authority

Accompanying Documents: