Actions

CWAC to look at funding structures in association with its key players in banking and investment to evaluate mutually beneficial funding opportunities, and how CWAC can set up a seed stage fund for businesses.

If CWAC creates a plan of action for workspace, then investment structures and support can be discussed within the business community to support localised businesses with local investment partners.

Evaluate the potential and opportunity to create an angel network in Chester from the community and local investors as part of the approach to creating a “city of possibility.”

Explore the crowdfunding options as a council for business investment at the early stage to be able to integrate with an angel fund.

CWAC as a council should evaluate options for sidecar investments if incubators or accelerators are provided through part public funding.

CWAC to create a marketing campaign to involve those within the community who can “pay back to pay forward” through localised investments with a long-term future city approach.