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Identifying finance: Cities and mission-oriented innovation - Greater Manchester Combined Authority (GMCA)

This report shows that Greater Manchester Combined Authority (GMCA) has been able to largely initiate mission activity during the past year without significant mobilisation of public or private finance. However, for Greater Manchester's (GM) mission to be successfully implemented, GMCA will have to pursue different measures to direct innovation, using a variety of forms of patient public finance, crowding in various private finance options and supporting blended finance mechanisms.