Decision - Greater Brighton Inward Investment Desk

1)             That the Board agrees to the establishment and resourcing of an inward investment desk consisting as a minimum of two business managers and one researcher supported by additional communications and intelligence resources.

2)             That the Board agrees first hire should be focussed on identifying new opportunities from London-based companies rethinking their footprints post-COVID. The research support would help to identify potential foreign targets that should be engaged and should focus on cleaner and greener aspirations and Covid recovery.

3)             That the Board seeks to work with Coast to Capital LEP on the development of a bid to DiT’s High Potential Opportunities programme, with partners agreeing on a collaborative approach to identify what the niche sector is that HPO should focus on and the support required to promote it.

4)             That the Board agrees that initial cost of resourcing the desk should possibly be underwritten by local authorities, with funding sought from other sources including Government incentives and private sector contributions.