It should be read in conjunction with the Strategic Economic Plan for Cornwall and the Isles of Scilly – Vision 2030 and 10 Opportunities and will also work to support other documents such as the devolution focused New Frontiers presentation to Government. It is a four year business plan with, in this release, an annual implementation plan for both the Economic Growth Service and the LEP for 2018/19. This will be an important year in determining the future economic development landscape; with our revised capacity arrangements in place, engaging with Government on developing economic development policy, through the Industrial Strategy and continuing detailed negotiations on the post-Brexit environment. Amongst all this change, it is our imperative to drive forward with implementation and achieve our focus on productivity-led growth - and this is detailed in this plan. Of particular priority is taking forward the Cornwall and Isles of Scilly Investment Fund; delivering and supporting impact in the 10 Opportunities sectors, in particular in Space, Energy and Creative; developing our evidence and thinking around Shared Prosperity Fund, delivering our Employment and Skills Plan; and continuing to support the delivery of the European Structural and Investment Fund programmes, three Growth Deal Programmes worth over £300m; and taking forward a new approach alongside our local authorities to place-based economic growth and inclusive growth.
We have spent much time in ensuring our strategic focus is right – now is our time to deliver on those ambitions.
You can download our joint 2018-22 Business Plan here