The Government’s ambitious, modern Industrial Strategy sets out a long-term plan to boost the productivity and earning power of people throughout the UK.
We are working with areas across the UK who are developing Local Industrial Strategies, including Cornwall, and we hope to deliver these everywhere by 2020. These strategies will be developed locally through Local Enterprise Partnerships (LEP) and agreed with the Government.
Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) has been allocated £78.23 million as part of their growth deal to support economic growth in the area.
There are also two Enterprise Zones in Cornwall. Aerohub+, a split site covering Newquay airport and Goonhilly Earth Station with a focus on Aerospace and Space, and Marine Hub which has a focus on marine technology. They are both progressing well and the site at Newquay airport has attracted several companies including CIS UK Ltd and Apple Aviation.