20. Greater Manchester Investment Framework, Conditional Project Approval
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Report of Cllr David Molyneux,
Portfolio Leader for Investment and Resources.
Additional documents:
Decision:
- That an investment into My First
Five Years Ltd of up to £750k be approved.
- That a follow-on investment into
Immersify Education Ltd of up to
£200k be approved.
- That a follow-on investment into
Tootoot Limited of up to £100k be
approved.
- 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.