The Growth Programme is coming to a town near you
The Cornwall and Isles of Scilly Growth Programme, the European economic regeneration programme for the region, was officially launched on 29th September 2015).
Running from 2014-2020, this programme of European funding builds on the previous Objective One and Convergence Programmes.
A series of community level launches will take place during the autumn where local businesses and the general public will have the opportunity to learn more about the Growth Programme and potential funding. These will take place in the following locations:
05.10.15. Wadebridge, Main Hall, Wadebridge Town Hall. 14:00 – 16:00
08.10.15. Launceston, Otto Peters Room, Launceston Town Hall. 10:00 – 12:00
08.10.15. Bude, Room 1, Parkhouse Centre. 14:00 – 16:00
12.10.15. Bodmin, Cornish Room, Bodmin Library. 10:00 – 12:00
12.10.15. Camelford, Leisure Centre. 14:30 – 16:30
22.10.15. Isles of Scilly, Church Hall, St Mary’s. 13:00 – 15:00
23.10.15. Liskeard, Long Room, Public Hall, Liskeard Town Council. 13:00 – 15:00
23.10.15. Saltash, Council Chamber, Town Council, Saltash. 16:00 – 18:00
09.11.15. St Austell, Barnes Room, White Hart Hotel. 10:00 – 12:00
09.11.15. Newquay, Town Council Committee Room. 14:00 – 16:00
16.11.15. Falmouth, Maritime Museum. 10:00 – 12:00
16.11.15. Helston, The Old Cattle Market. 14:00 – 16:00
19.11.15. Camborne, Pool, Redruth, Pool Innovation Centre. 10:00 – 12:00
19.11.15. Truro, Haven House. 14:00 – 16:00
27.11.15. St Ives, Greta Williams Room, St Ives Library. 10:00—12:00
27.11.15. Penzance, Lounge Area, Workbox. 14:00 – 16:00
It is hoped that the €600m set aside for Cornwall and the Isles of Scilly by Europe will be match funded by both the public and private sector to make an approximate €1 billion investment package over the life of the Programme.
The Programme is made up of three funding streams:
• European Regional Development Fund (ERDF) is worth circa €450 million
• European Social Fund (ESF) is worth circa €150 million
• European Agriculture Fund for Rural Development (EAFRD)
The EAFRD fund will have a smaller allocation of circa £10 million which
will align with the wider Cornwall & Isles of Scilly Growth Programme.
The funding will deliver smart, sustainable and inclusive growth by supporting innovation and boosting businesses. It will support those most disadvantaged in the region to progress into work or education, improving skills and creating jobs across Cornwall and the Isles of Scilly.
Councillor Julian German, member of the Integrated Territorial Investment (ITI) Board which is responsible for overseeing the Cornwall & Isles of Scilly Growth Programme, said: ‘We want to ensure anybody with an interest in EU funding has the opportunity to learn more about the Growth Programme and has the chance to ask questions they might have.’
Tarn Lamb, CEO of Cornwall Neighbourhoods for Change, said: “Here’s a chance to get involved. We are keen to see future investments make a genuine link between people and employers so that the programme can benefit “One and All”. This is a real chance to make a difference and to ensure that this programme reaches the parts other programmes haven’t managed to reach”.
The new Programmes will run from 2014-2020. Cornwall and the Isles of Scilly is the only area in England to qualify as a ‘Less Developed’ region. The Programme will be €603.7 million.
The new Programmes will be part of an ‘EU Growth Programme’ to be financed by European Regional Development Fund (ERDF) and European Social Fund (ESF) with a contribution from European Agricultural Fund for Rural Development (EAFRD). The Cornwall and the Isles of Scilly Local Enterprise Partnership (LEP) will have a key role in implementing and delivering the new Programmes.
ERDF €458 million
ESF €196 million
Cornwall and the Isles of Scilly have also benefited from the Rural Development Programme for England (RDPE) and the European Fisheries Fund (EFF) during the Convergence Period.
RDPE £42 million
EFF £9 million
Media Relations Officer for the Convergence support team
Economic Development and Culture
Economy, Enterprise and Environment Directorate
Cornwall Council, 4th Floor, West Wing, New County Hall,
Treyew Road, Truro, TR1 3AY
Email us at: [email protected]
Visit us at: Cornwall & Isles of Scilly Growth Programme
Follow us: @GrowthProgramme
 £42 million has been committed on RDPE projects in Cornwall and the Isles of Scilly; additional funds could still be available, but values are, as yet, undetermined
Friday 2 October 2015