1. To approve the principles by which use of the £20m Enterprising Leicester Investment Fund will be operated as set out in the report.
2. To delegate authority to the Strategic Director – City Development & Neighbourhoods – to approve investments by the Local Investment Fund in consultation with the City Mayor and Section151 Officer.
3. To provide up to £200k for legal and financial support to the management of the fund, and approve the use of funds set aside for the Economic Action Plan for this purpose.