This report sets out the Warwickshire Recovery Investment Fund business plan for 2022/23-2026/27.
Portfolio Holder – Councillor Peter Butlin
Councillor Peter Butlin (Deputy Leader of the Council) presented the report, noting that the report followed previous reports to Cabinet and set out the updated Warwickshire Recovery and Investment Fund (WRIF) Business Plan for 2022/23-2026/27. The WRIF was made up of three pillars: the Business Investment Growth (BIG) Fund, the Property and Infrastructure (PIF) Fund and the Local Communities and Enterprise (LCE) Fund, the latter of which was about to launch and was attracting interest from small business. The original Business Plan, included as an appendix to the report, set out the proposals for the WRIF together with detail around its operation and Councillor Butlin summarised the key changes which were identified in Appendix 1 to the report.
That Cabinet approves the updated Warwickshire Recovery Investment Fund Business Plan for 2022/23-2026/27 and notes the key changes as summarised in Appendix 1 of the report.