Issue - decisions

21/00001 Kent and Medway Business Fund Extension

08/02/2021 - 21/00001 Kent and Medway Business Fund Extension



As Cabinet Member for Economic Development, I agree to:


Delegate the authority to the Director of Economic Development to enter into relevant contracts, legal agreements and put appropriate arrangements in place required to implement this decision:


  • Allowing Kent, Medway and Thurrock Companies to access grants, loans or equity investments from the Kent and Medway Business Fund (KMBF) until the 31 March 2023.
  • That these grants, loans, and equity investments will be financed from recycled loan and equity repayments previously obtained from companies that received funds via the former RGF and KMBF programmes.
  • These investments shall be subject to the same rules, criteria and management/administrative charges as investments that have been allocated under the existing KMBF scheme.