Item 4 - Capital Ambition - Director's Report (CAB13/18)

Summary    

This report provides an update on the following:

•    Financial position
•    Work programme

Recommendations    

It is recommended that Board members:

a)    Note the financial summary.
b)    Note the progress on grant funded projects.
c)    Note the progress of Capital Ambition seed-funding of cycle 1 Targeted Ventures projects.