Jersey Innovation Fund (FOI)Jersey Innovation Fund (FOI)
Produced by the Freedom of Information officeAuthored by States of Jersey and published on
25 May 2016.ā€‹Request
Please can you provide information on each loan or grant given out by the Jersey Innovation Fund since it started in 2014:
A
To whom the money was paid
B
The purpose of each grant/loan
C
The amount paid to each recipient
D
How much of each loan has been paid back.
Response
A
Stumpydog Innovations Ltd, Totally Billing Solutions Ltd, Snap Ring Joint Limited, Logfiller Ltd, Sideplay Entertainment Limited and Proviz Limited.
B
The purpose of each grant or loan is to provide working capital to enable the applicant to:
- Stumpydog Innovations Ltd: complete the development of and distribute a new playpen for babies
- Total Billing Solutions Ltd: support the development of a medical billing system for businesses operating within the health care sector in Jersey and the UK
- Snap Ring Joint Limited: support the development and commercialisation of a pipeline coupling for connecting and repairing pipelines, specifically in the oil and gas sector
- Logfiller Ltd: support the development and distribution of a computer software solution that measures the actual user experience and system use
- Sideplay Entertainment Limited: support the development and distribution of Instant Win Games (IWG) content to online gaming operators and lottery organisations
- Proviz Limited: support the company develop and distribute high visibility sportswear and accessories into international markets
C and D
FOI exemption applied
Article 33(b) - Commercial interest - prejudice commercial interests
Information is qualified exempt information if ā€“ (b) its disclosure would, or would be likely to, prejudice the commercial interests of a person (including the scheduled public authority holding the information).
Justification for exemption
Having considered the public interest, the Public Authority's decision is to withhold the information.