European Regional Development Fund - ERDF
The ERDF (European Regional Development Fund) fund in Cornwall and Isles of Scilly is worth €438m and makes up 75% of our Programme allocation, it will help to support the EU and local ambitions for smart, sustainable, inclusive growth.
Funding opportunities will be announced through a series of calls:
£10m of European funding available to develop workspace
Up to £10m has been made available through the Cornwall and Isles of Scilly Growth Programme to develop additional workspace to support Small and medium sized business growth in Cornwall and the Isles of Scilly. The funding will be available for the next 18 months (up to 27th November 2017) and applications will be reviewed every six months; 27 May 2016, 27 November 2016 and 27 May 2017 (or until all of the funding has been allocated).
Priorities for investment will be through:
Increased levels of research and innovation to exploit new market opportunities and drive the commercialisation of new products and services.
Addressing the issues of climate change and supporting energy sustainability.
Increasing access to finance for small and medium sized enterprises to enable investment to drive growth.
A suite of business support products, including a single point of access to simplify the business support landscape.
Addressing underlying infrastructure issues, including transport and digital.