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Cornwall UK

Tags: Regional-Development-Agency

Cornwall UK

Cornwall & the Isles of Scilly, is the most southerly county of the UK, famous for its natural beauty and for attracting pioneering companies. With ample resources available and a highly regarded quality of life, Cornwall is the natural home for industries of the future and the ideal location for your business to relocate to.

Some facts about Cornwall..

  • World leading in renewable energy research and has the worlds most advanced test site for wave renewable energy
  • Where the UKs first commercial wind farm was set up
  • Biggest resource in the UK for geothermal power and set to be home to the UKs first commercial geothermal plant
  • £80m investment for next generation superfast broadband giving Cornwall the most extensive rural broadband network in Europe
  • A growing marine industry and the third deepest natural harbour in the world
  • Home to a thriving cluster of creative businesses
  • The most visited region of the UK and;
  • More hours of sunlight than anywhere else in Britain.

Cornwall. Pioneering by nature

Cornwall's businesses are thriving across the whole economic spectrum, however in recent years a number of sectors have achieved particularly strong growth, with rapidly developing business clusters focused around world-class centres of excellence.

Cornwall has an emerging renewable energy sector with a growing cluster of companies. Offshore renewable energy is supported by PRIMaRE (Peninsula Research Institute for Marine Renewable Energy) who is world leading in research and offers business support. The development of the Wave Hub which is a 42 million investment into a development centre for testing of wave device arrays.

With the longest runway in the UK and large space for redevelopment, Newquay Cornwall Airport is the UK's newest commercial airport. Investors have already been flocking to the fast growing cluster of businesses. Opportunities still exist for maintenance, training and other aerospace activity.

Cornwall already has 99% broadband coverage and is set to become one of the first places in the UK to benefit from next generation superfast broadband services, providing more reliable and affordable connections across the whole county. The roll out will start in late 2010, and will provide significant opportunities for businesses in Cornwall, providing the platform for innovation, improved communications and technological testing.

Dubbed the green peninsula of the UK, Cornwall is the location for high profile ventures such as the Eden Project, the worlds largest test site for wave energy technology which has been deployed off the Cornish coast and it is set to be the site of the UK's first geothermal energy plant.

Cornwall also boasts exceptional environmental technology skills and expertise. Combined Universities in Cornwall produced the first renewable energy degree and companies involved in ground source heat pumps, wind technology, solar technology and other leading environmental services.

Cornwall has made significant investment in its economy over the past few years. Through European Convergence funding, another £500m is being invested to build a stronger more diverse economy by supporting businesses, creating employment and developing new skills.

This back drop makes Cornwall the ideal investor location.

Step into a strong, sustainable economy

Over the last decade, Cornwall and the Isles of Scilly have benefited from EU investment to accelerate its transition towards becoming a sustainable, service-driven economy.

At a Glance

  • Rising GVA per head
  • Healthy and growing manufacturing sector within a diverse and sustainable economy
  • Entrepreneurial culture
  • Thriving towns in a rural setting with established communications infrastructure
  • £445m EU funding

 

Step into a business-ready infrastructure

With high-quality business premises ready for occupation in a range of purpose-built business parks and dedicated innovation centres across the county, available at competitive prices, it’s easy to get up and running in Cornwall.

At a Glance

  • Standard occupancy costs ca. 50% lower than in London
  • Stable rents and flexible lease arrangements
  • Premises available in prime locations close to core transport links
  • New office buildings on dedicated parks meeting high environmental standards
  • High speed broadband network across the county

 

Step into a rich talent pool

 Cornwall’s talent pool is a real asset to potential investors – and it is continuing to strengthen.

At a Glance

  • Over 91% of the working population holds a qualification - higher than the rest of England - and more than a quarter of those are qualified to NVQ4 or above
  • Rising productivity measured in GVA per capita
  • 6,750 higher education students in Cornwall in 2008/09
  • Combined Universities in Cornwall (CUC) operate at 13 campuses across the county
  • Further £64.5 million funding  secured for investment in CUC

 

Step into an improved transport network

Following significant investment over the last decade, Cornwall can now boast an improved transport network both for long-distance travel and to enable fast journey times to work – as well as one of the UK’s fastest growing airports.

At a Glance

  • Dual-carriageway access to the whole of the UK
  • 4 ½ hours from London – by road or rail
  • Daily flights from Newquay Cornwall Airport to London Gatwick
  • £35m investment to upgrade Falmouth deepwater harbour since 2005

 

Step into the fastest broadband connection in Europe

Cornwall already has 97% broadband coverage and by 2012, businesses and homes across Cornwall will benefit from online speeds of up to 100Mb per second – making Cornwall one of the best connected regions in the whole of Europe.

At a Glance

  • Existing extensive broadband coverage
  • £100m project to provide fibre to the home and business premises
  • Connected premises to benefit from 100Mb capacity; whole regional infrastructure will see speeds of 20-40Mb
  • Rollout begins 2010

Key locations promoted by Cornwall UK

Cornwall's Industry Case Studies

Since 2004, Cornwall's inward investment agencies have helped over 130 innovative and dynamic businesses move to Cornwall. These businesses are now reaping the benefits of the creative and supportive environment that exists here.
Please click the link below to see some examples.

"See the light. InvestinCornwall"

 

 

Step into a business-ready infrastructure

With high-quality business premises ready for occupation in a range of purpose-built business parks and dedicated innovation centres across the county, available at competitive prices, it’s easy to get up and running in Cornwall. The "InvestinCornwall property search"  is a free service to assist with easy access to available property. For the latest commercial property in Cornwall go to the the link below:

"InvestinCornwall property search"

Real Estate

Talent

  • Peninsula Research Institute for Marine Renewable Energy Peninsula Research Institute for Marine Renewable Energy

    Tags: research & development  

    • Region
      • England
    • City
      • Truro
    • Sector
      • Alternative energy
      • Energy
      • R&D
      • Water
    • Location type
      • R&D-location

About us

InvestinCornwall is any inward investor's first port of call. We provide information on relocating to the county, answer investor queries and research particular areas of interest. Our aim is to ensure an investor has access to all the relevant information, is put in touch with the most useful contacts and is able to make an informed decision about moving to the county.

Typical support services that we provide include:

  • Undertaking or sourcing initial research requirements, for example, on the state of the local market or supply chains
  • Looking into eligible finance options such as business loans and grants
  • IT / broadband requirements and solutions
  • Real estate and premises searches
  • Advice and support on recruitment and training
  • Facilitating introductions to key contacts within the county such as organisers of sector networks or R&D grants
  • Hosted visit to Cornwall and introductions to leading businesses

Whats more, we offer further support once you've made the decision to make Cornwall your company's home including extensive networking opportunities and ongoing information about business support.

Phone: +44 (0) 1872 322 800
Visit our website