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2019 Press Releases
Building Cornwall website showcases construction industry
A new website dedicated to promoting the construction industry in Cornwall has been launched.
Shipping container conversion business will create new jobs with help from CIOSIF
A Truro company developing innovative spaces for living and working is the latest business to receive funding from the Cornwall & Isles of Scilly Investment Fund (CIOSIF)
Cornwall Council leader calls on government to tackle regional inequality at research launch in Brussels
New research launched in Brussels today (October 15) reaffirms the need to put in place an ambitious UK regional policy and a UK Shared Prosperity Fund to replace the EU funds UK regions would lose post-Brexit.
Have your say on the Local Industrial Strategy for Cornwall and Scilly
Businesses and organisations across Cornwall and the Isles of Scilly are being invited to have their say about a Local Industrial Strategy being drawn up to drive the economy and job creation in the next 10 years.
Ireland, Wales and Cornwall combine to capture floating wind opportunity in the Celtic Sea
A collaboration agreement outlining a commitment to work together to progress floating wind projects in the Celtic Sea, which has the capacity to deliver about one third of the UK’s additional renewable energy requirements whilst supporting low carbon targets, has been signed by organisations in Ireland, Wales and Cornwall.
Double celebration as new flagship £7.5 million development opens at Aerohub Business Park, Newquay
A brand new flagship gateway development at the entrance to Aerohub Business Park, at Cornwall Airport Newquay, has enjoyed a double celebration with an event to mark its official opening and news that almost three-quarters of the units have been let or are under offer.
Prime Minister pledges to match EU funding
Prime Minister Boris Johnson has pledged to replace EU funding in Cornwall and the Isles of Scilly like-for-like with a dedicated fund that could be worth up to £600m over the next decade.
National success for Cornwall’s careers service
Cornwall and the Isles of Scilly are leading the way nationally when it comes to the quality of careers guidance available to young people.
Business and space industry leaders back plans for Spaceport Cornwall
Business and space industry leaders are backing plans to create the UK’s first horizontal launch spaceport in Cornwall
Spaceport Cornwall will ‘not impact significantly’ on greenhouse gas emissions, says independent study
The proposed horizontal launch Spaceport at Cornwall Airport Newquay is not expected to impact significantly on Cornwall’s overall greenhouse gas emissions and efforts in combatting climate change, according to an independent scientific study by a leading energy and environment specialist at the University of Exeter.
Six-figure sum to help music festival organiser grow
An events company organising music festivals, private functions and other events near Bude is the latest company to be supported by the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
Virgin Orbit confirms partnership with RAF for rapid response satellite launch
Virgin Orbit, the company planning to launch satellites from Cornwall, has announced a new partnership with the Royal Air Force to provide rapid-response launch services beginning as early as next year.
Cornwall’s leaders will fight climate crisis together
The Cornwall and Isles of Scilly Leadership Board has pledged to join forces with Cornwall Council to be ‘leaders in the fight against climate change’.
£750,000 Funding Secured to Help Technology Company Grow
A Penryn-based software company has secured £250,000 investment from the Cornwall & Isles of Scilly Investment Fund (CIOSIF), as part of a £750,000 funding package, which also includes £250k from Cass Entrepreneurship Fund and £250k from the Chelverton Investor Club, managed by Chelverton Asset Management
CIOSIF loan to help ethical homeware designer grow
A manufacturer and distributor of ethical and environmentally responsible homeware products is the latest business to receive funding support from the Cornwall and Isles of Scilly Investment Fund (CIOSIF), with an £80,000 loan made up of £35,000 from CIOSIF and £45,000 from SWIG Finance.
Winners of Cornwall Business Awards 2019 announced
Fifteen businesses left St Mellion International Resort with honours last night, many of whom were first time winners, as the best and the brightest were celebrated at the 14th Cornwall Business Awards 2019.
The winners have been chosen for the Cornwall Business Awards
This week saw all the finalists for the Cornwall Business Awards attend the first ever Showdown Day at Trevenson House in Pool, where they faced the judges and met other finalists in their category.
Screen Cornwall aims to build on creative successes
A new screen agency, designed to develop Cornwall as a leading rural hub for film, TV and digital technologies, is being set up to build on the Duchy's reputation for creative talent.
Virgin Orbit and Spaceport Cornwall - a message from Sir Richard Branson
Very excited by the prospect of using LauncherOne to bring satellite launch to Britain, and Virgin Orbit have been working hard with our friends in Cornwall for a while to try and make that happen.
Leading the new space age: government backs ambitious plans for the UK in space
Up to £20 million could be made available from national and local government, subject to business case, for Spaceport Cornwall and Virgin Orbit as part of the Industrial Strategy spaceflight programme – LaunchUK
Investment fund backs Cornish boat building business
Cornish start-up, Henderson Fletcher Yachts, has received a £39,500 loan from the Cornwall & Isles of Scilly Investment Fund (CIOSIF) to support its boat building business.
New campaign promotes benefits of apprenticeships to business
A new campaign has been launched to promote the benefits of apprenticeships to businesses across Cornwall & the Isles of Scilly.
£55k loan helps Spotless Cleaning grow
A rapidly growing Truro cleaning business is the latest company to receive funding from the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
Science Minister hails Cornwall space opportunity
Science Minister Chris Skidmore has seen first-hand how Cornwall and the South West can play a major role in the UK’s ambition to capture 10% of the global space market by 2030.
Careers Hub CIOS Launches New Website
Careers Hub Cornwall & Isles of Scilly has recently launched their new website, which will help join the dots between business and education.
Cornwall and Isles of Scilly Investment Fund invests £600,000 into Swoop Applications
Swoop Applications, a Redruth based software company, has raised a £1.45 million Series A round of investment, including £600,000 equity investment from the Cornwall and Isles of Scilly Investment Fund (CIOSIF). The deal will create 34 jobs over the next three years.
Double celebration as new £7.4 million industrial park for Falmouth opens its doors
A hugely successful new business hub for Falmouth has enjoyed a double celebration with an event to mark the official opening of the project and the news that all units have already been sold.
Cornwall and Isles of Scilly careers education outperforms national average
Schools and colleges in Cornwall and Isles of Scilly are benefiting from improvements to careers education, according to national data.
Launch event for Cornwall and Isles of Scilly Local Digital Skills Partnership
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is celebrating the launch of its Local Digital Skills Partnership with a keynote event next month.
Cornwall’s Young Apprenticeship Ambassadors spread the word
Twelve new Young Apprenticeship Ambassadors are now blazing a trail for Apprenticeships in Cornwall & Isles of Scilly after undertaking their training in Truro.
Multi-million pound bid success for new Institute of Technology for the South West
A multi-million pound bid to revolutionise digital, engineering and manufacturing technology education across the South West has been successful, it has been announced.
295 Cornwall and Isles of Scilly Companies Gain ScaleUp Recognition
There are 295 fast-growing ambitious businesses with leaders hungry for success across Cornwall and Isles of Scilly – new insights from the ScaleUp Institute reveal.
LEP secures £700k funding for immersive tech museums project
Five Cornish museums are to benefit from almost £700,000 of Government funding following a successful bid to the Coastal Communities Fund to use virtual and augmented reality technology to bring Cornish heritage alive.
Help shape a Local Industrial Strategy for Cornwall and Scilly
Businesses and organisations across Cornwall and the Isles of Scilly are being urged to help shape a Local Industrial Strategy to drive economic growth and job creation in the next 10 years.
Successful LEP bid for Digital Skills Partnership
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) has successfully bid for government funding to set up a pilot Local Digital Skills Partnership (Local DSP) for the area.
Cornwall’s mining investment and export potential showcased to global investors
The potential for Cornwall in South West England to be a global resource for mining operations, including high-technology metals is being showcased at the world’s premier mineral exploration and mining convention this week.
Council anger at South West allocation from Stronger Towns Fund
Cornwall Council Leader Adam Paynter has expressed anger at the £33 million allocated to the South West England from the Government’s new £1.6 billion Stronger Towns Fund.
Goonhilly Partners with the Australian Space Agency to Drive New Opportunities Worldwide
Satellite communications innovator and space gateway Goonhilly Earth Station today announced that it has inked a partnership agreement with the Australian Space Agency to collaborate and create new opportunities in the space economy in Australia, the UK and beyond.
Luxury cabinet makers secure £25k loan
A Liskeard- based furniture manufacturer is the latest company to be supported by the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
Thousands to be lost by levy losers
Employers with a wage bill in excess of £3m may be at risk of losing thousands, warns an Apprenticeship expert, with the first 24 month expiry period of Apprenticeship Levy funds fast approaching in April 2019.
Leading national culture organisations commit to Cornwall’s culture, arts and heritage
A recognition of the importance to residents and businesses of Cornish culture, heritage and the arts has been reinforced today as major investors in culture sign a commitment to work closely together to promote Cornwall’s distinct identity.
Council launches electric vehicle project on Scilly as part of the Smart Islands programme
The Council of the Isles of Scilly is pleased to announce the launch of the GO-EV project that will see the introduction of 10 ‘vehicle to grid’ (V2G) electric vehicles that will be used as a part of a car share scheme, up to 10 solar canopies and 25 charging points on Scilly.
Headline sponsor for Cornwall Business Awards
The Growth and Skills Hub are pleased to announce the headline sponsor for the Cornwall Business Awards for 2019 – the Cornwall and Isles of Scilly Investment Fund (CIOSIF).
Scottish Space Firm adds Cornwall Facility
A BRITISH space company is in the process of finalising engine test preparations and setting up distillation equipment for its rocket oxidiser from a new workshop as it continues its journey towards launching satellites from UK soil.
Shetland Space Centre and Goonhilly Earth Station Form North-South UK Partnership to Co-Develop New Space Capabilities
Unst (Scotland) and Cornwall, UK – 5 February, 2019 - Shetland Space Centre (SSC) and Goonhilly Earth Station have joined forces to develop rocket launch and tracking business capabilities for the burgeoning new space launch sector.
LEP leaders tell Prime Minister Local Industrial Strategies are on target
The Prime Minister met with business leaders from England’s Local Enterprise Partnerships (LEPs) today to track progress on their work with government to boost economic growth for communities across the country.
LEP appoints rural and small business champions to the board
The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) has appointed two new non-executive directors to its board.
Winners & sponsors gather for Cornwall Business Awards 2019 Launch
The search is on for the best of the best as the Cornwall Business Awards kicked off at an exclusive launch event supported by Avanti Communications.
First CIOSIF investment with £750k equity investment in wireless internet provider
The Cornwall & Isles of Scilly Investment Fund (CIOSIF) has completed its first [equity] investment with a £750,000 equity stake in wireless internet service provider Wildanet, based at Goonhilly Earth Station through appointed fund managers The FSE Group.
Cornwall Business Awards 2019 open for entries
The search is on for the best of the best as the Cornwall Business Awards launch for 2019. From innovation and excellence in best practice to inspirational stories of success and growth; the Awards recognise companies that demonstrate why Cornwall and the Isles of Scilly is such a great place to do business.