Torbay Growth Fund
Creation of a fund incentivising businesses to
locate in Torbay and create jobs.
Decision type: Key
Reason Key: Revenue Budget variation +£250,000;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Decision due: 28 Feb 2013 by Council
Lead member: Mayor and Executive Lead for Employment and Regeneration, Finance and Audit
Lead director: Charles Uzzell, Steve Parrock
Contact: Liam Montgomery, Managing Director Email: liam.montgomery@torbay.gov.uk.
Consultation process
Circulation of papers and meetings.
Consultees
Mayor and Councillors.
Reason for inclusion in Forward Plan: The fund will offer a financial incentive to businesses who locate and grow in Torbay. It will be directly linked to creating new jobs.
Key Risks: If no incentives are in place Torbay risks becoming less competitive and losing companies and associated jobs to other areas.
If you want to make representations contact:: Suzie Masterman, telephone (01803) 207922, email suzie.masterman@tedcltd.com, postal address Torbay Council, Town Hall, Castle Circus, Torquay, TQ1 3DR
Agenda items
- 28/02/2013 - Council Torbay Growth Fund 28/02/2013
Contact Governance Support
- Email: governance.support@torbay.gov.uk
- Tel: 01803 207087
- Fax: 01803 207112
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