Financial Assistance to Door Maintenance Group Ltd

April 21, 2023 Director of Economic Development (Officer) Key decision Approved View on council website
Full council record
Content

Appendix 1 of this report is not for publication as
it contains exempt information of the description

in paragraph 14 of Part 4 and paragraph 21 of part 5
of Schedule 12A of the Local Government

Act 1972.
Agreed:
that Cardiff Council offer a grant of £72,000
and loan of £48,000 to Door Maintenance Group Ltd as a
contribution towards the equipment required to establish a new
R&D facility. The grant is subject to the attached terms and
conditions contained within the due diligence report (Appendix
1)

Details

OutcomeRecommendations Approved
Decision date21 Apr 2023
Subject to call-inYes