Investment in Logfiller Limited (FOI)

​​Request

Please can you send me the investment appraisal document papers which led to the investment of £400,000 of taxpayers' money in a company called Logfiller (the funds were released to Logfiller by the Jersey Innovation Fund)?

Response

I can confirm that the public authority holds this information.

This information is exempt under Article 25(2) and Article 33(b) of the Freedom of Information (Jersey) Law 2011. See exemption details below.

Freedom of Information (Jersey) Law 2011 exemptions applied:

Article 25(2) - Personal Information - Personal data, applicant not subject but supply contravenes data protection principles.

Information is absolutely exempt information if:

(a) it constitutes personal data of which the applicant is not the data subject as defined in the Data Protection (Jersey) Law 2005; and

(b) its supply to a member of the public would contravene any of the data protection principles, as defined in that Law.

Article 33(b) - Commercial interest - prejudice commercial interests

Information is qualified exempt information if:

(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.