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FSB opens applications for Cornish small businesses to kickstart young people’s employment
• FSB as a Kickstart national gateway teams up with Adecco Working Ventures to help small firms access government’s Kickstart Scheme
• FSB urges small employers to consider applying now, to create Kickstart roles from November and tackle looming rise in young people’s unemployment
Colateral complete £800,000 funding round with CIOSIF support
Truro based software company Colateral has successfully completed its latest funding round including further investment of £200,000 from both the Cornwall and Isles of Scilly Investment Fund (CIOSIF) and existing corporate investor, SMP Group PLC. The Future Fund, which supports innovative UK companies with growth potential, has also committed £400,000.
NEW COVID-19 Recovery Grant opens for applications 2nd September
The new Cornwall & Isles of Scilly Kickstart Grant Scheme will open for applications from local businesses at 10am on Wednesday 2nd September.
Strengthening Cornwall’s food supply chains post Covid-19
Shortening food supply chains and improving local public procurement could provide a significant boost to the Cornish economy post-Covid-19, according to new research.
Codices raise game to the next level with £650K equity investment
Penryn-based tech company, Codices, has secured £250k equity investment from the Cornwall & Isles of Scilly Investment Fund (CIOSIF), as part of a larger £650k funding round, which includes investment from both existing and new private investors.
Boost for South West’s floating offshore wind ambitions
Plans to build floating windfarms in the Celtic Sea to generate clean power and create thousands of green jobs have taken a major step forward after being shortlisted by UK Research and Innovation (UKRI).
CIOSIF loan supports growth of independent music publisher
Penryn based independent publishing company, Red Planet Publishing Limited, has received an £80,000 loan from the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
LEP recruiting business people for Employment and Skills Board
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is recruiting local business people to help shape the future of employment and skills in the area.
LEP agrees £14m investment to support 1,100 jobs
A £14.3m investment from the Government’s Getting Building Fund (GBF) to stimulate post-COVID-19 recovery over the next 18 months will support £59m worth of projects and 1,100 jobs in Cornwall.
CIOSIF supporting growth and innovation says new report
A £40m investment fund to help growing small businesses in Cornwall and the Isles of Scilly is boosting business performance and changing attitudes to finance, according to a new report.
Funding secured to support agricultural tech company’s expansion
Penryn based agri-tech company, Glas Data, has secured £140k equity investment from the Cornwall & Isles of Scilly Investment Fund (CIOSIF), as part of a larger funding round, which includes investment from both existing and new private investors.
Cornwall’s ambition to lead UK’s post-COVID green recovery
Cornwall could play a vital national role in the UK’s post-pandemic recovery efforts with a green recovery plan that puts floating wind power, geothermal energy and lithium mining for electric car batteries at the heart of its economic future.
First year of screen agency drives talent development, accessibility and Cornish Language production
Set up through joint investment from Cornwall Council and the Cornwall and Isles of Scilly Local Enterprise Partnership in July 2019 to drive economic growth in the film, TV, games & animation sectors, Screen Cornwall has spent its first year focusing on the foundations – harnessing great talent and establishing a clear brand positioning within the industry.
Robotics company eyes growth with £300k equity support from CIOSIF
Service Robotics Limited, a health and wellbeing business focusing on supporting the vulnerable and elderly through innovative technology, has raised £600,000 in their latest funding round. The funding includes a £300,000 equity investment from the Cornwall & Isles of Scilly Investment Fund (CIOSIF) and investment from Britbots and the Enterprise 100 Angel Investment Club.
LEP stimulates debate about post-COVID19 economy
The impact of the coronavirus pandemic on how we lead our lives and businesses in the future is the subject of a new series of videos exploring ‘Thoughts on a New Normal’.
More Growth Hub resources to help businesses through coronavirus pandemic
The Cornwall and Isles of Scilly Growth Hub is reporting a fivefold increase in phone calls and a fourfold increase in web traffic as businesses seek support through the coronavirus pandemic.
Funding for Cornish online platform supporting hotel sector
A Cornish software developer has secured a £150,000 loan to take its business to the next level with the support of the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
Government support for Isles of Scilly transport links
The Isles of Scilly Transport Board, which is made up of transport providers, local authorities and business groups, has welcomed valuable support from Government to continue essential life-line travel services and freight supplies for the 2,200-strong island community 28 miles off the South West coast of Cornwall.
Small businesses urged to claim £90m of unpaid grants
Almost 8,000 small businesses across Cornwall and the Isles of Scilly are being urged to claim £89m of unpaid emergency grant support that is available from Cornwall Council to help them during the Coronavirus crisis.
Government support for fishing industry welcomed
Hundreds of fishing and maritime businesses which are vital to the economy of Cornwall and the Isles of Scilly are set to benefit from tailored support as part of a new government scheme to protect businesses affected by coronavirus.
Furlough extension will benefit seasonal workers
Thousands of workers in Cornwall are expected to benefit from an extension to the cut-off date for the Government’s COVID-19 Job Retention Scheme.
Government urged to accelerate roll-out of COVID19 business support measures
The Government is being urged to accelerate the roll-out of business support measures in response to the coronavirus after a survey in Cornwall and the Isles of Scilly found that 40% of businesses said they may not last another month.
It's time to prove that Cornwall really is Proud to Care!
People who need care and support in Cornwall are calling on everyone who can, to urgently step up and apply for a role in Cornwall’s care sector.
Coronavirus Business Impact Survey
Businesses in Cornwall and the Isles of Scilly are being urged to fill out a short online survey about how the coronavirus pandemic is impacting on their business.
Statement from Visit Cornwall, Cornwall Council, CIoS LEP and Public Health
Total and Simply Blue Energy in JV to Develop Floating Wind Projects in the Celtic Sea
Simply Blue Energy, a pioneering Celtic Sea energy developer, and Total, one of the world’s largest energy companies, have established a partnership to develop floating wind projects in the Welsh waters of the Celtic Sea
Joint coronavirus statement from the LEP and Cornwall Council
LEP’s Local Growth Fund unlocks Liskeard Cattle Market site
The long-awaited regeneration of Liskeard Cattle Market is set to go ahead with the support of a £590,000 investment by the Cornwall and Isles of Scilly Local Enterprise Partnership.
Cornwall and Isles of Scilly LEP Budget comment
Budget comment from LEP Chair, Mark Duddridge.
LEP publishes draft Local Industrial Strategy
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) will soon submit its draft Local Industrial Strategy to government.
CIOSIF loan helps Padstow pooch business grow
A Padstow business specialising in wholesale dog care products is expanding into new markets with the support of a £32,000 loan from the Cornwall and Isles of Scilly Investment Fund as part of a £97,000 package of support.
New appointment to Cornwall and Isles of Scilly LEP Board
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) has appointed Poppy Naylor as a non-executive director.
Chancellor urged to back Great South West
The Chancellor of the Exchequer, Sajid Javid, is being urged to back the Great South West in the Budget and help kick start ambitious plans to create the UK’s first clean energy powerhouse.
Jobs boost from Celtic Sea floating wind industry
A new floating offshore wind industry in the Celtic Sea could support 3,200 jobs in the South West and Wales, and £682m of spend in the local supply chain by 2030.
LEP Growth Fund supports £2m Porthleven workspace project
A £2m project to create new workspace on the outskirts of Porthleven is underway having secured £700,000 from the Cornwall & Isles of Scilly Local Enterprise Partnership.
Great South West partners deliver investment roadmap to Local Growth Minister
An economic roadmap to drive a £45 billion uplift to the South West economy has been formally presented to the government.
LEP Growth Fund investment supports £1.8m Falfish expansion
Cornwall-based seafood supplier Falfish has announced a £1.8m investment in new cold storage facilities to support the further growth of the business. The expansion is being supported by the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) using £575,000 from the government’s Local Growth Fund.
Great South West partners target £45 billion economic boost
A powerful coalition of South West businesses, education leaders and local authorities has pledged to work in partnership with Government to make the Great South West the latest growth alliance to rebalance the UK economy.
Progressive Cornish businesses immerse themselves in the 3D world
Free ‘Immersive Tech Introductions’ showcase how Cornish businesses can utilise 3D photography scanning for all needs