Cornwall's inward investment service celebrates the
relocation of 80 businesses
Cornwall Pure Business is celebrating success in supporting
eighty businesses in relocating to the region. The number
exceeds the targets originally set when the initiative began
Cornwall Pure Business is the region's inward investment
team, a service of Cornwall Enterprise which has received
investment from the Objective One European Regional Development
Fund and Cornwall County Council. It provides support and
guidance to those businesses interested in relocating. Businesses
the team work with are in high growth and skilled sectors
and also look to generate employment. The key sectors include
IT and creative media, environmental technology, marine, food
and drink, aerospace and engineering and medical.
Commenting on the relocation of the 80 businesses, Lucy Thom,
Cornwall Pure Business Inward Investment Manager said: "Inward
investment is critical to the development of the county's
economy. We have assisted a variety of businesses with their
move into the county and, as a result, over 480 high quality
jobs have been generated to date. It's essential for
the county's future that high skilled employment opportunities
are created, which in turn will generate higher wage levels."
Carleen Kelemen, Director of the Objective One Partnership
Office, said: "The Cornwall Pure Business project
is an effective mechanism for Objective One investment being
used to accelerate business growth and develop the economy
by attracting a variety of new businesses to work alongside
those already in Cornwall. As Cornwall continues to build
the foundations of its knowledge economy new entrepreneurial
talent can complement and strengthens the rapidly growing
Cornwall Pure Business is also responsible for marketing
Cornwall as a business destination to businesses in other
parts of the UK. A large part of the project has been to demonstrate
Cornwall is more than a tourist destination.
Andrew Holland, Managing Director of PALL Newquay chairs
the project's Steering Group: "As someone
who manages a business from within the county, I am more than
aware of some of the inaccurate perceptions that exist about
business in Cornwall. The Cornwall Pure Business project has
gone a long way to redress the balance and demonstrate the
county's credentials as a business location of choice.
This is great for Cornwall and its businesses."
Andrew Gunn, Enterprise Manager for Cornwall at SWRDA added:
"The business community has changed significantly
over the past few years. Improvement in IT and transport infrastructure
has been vital, as well as investment in initiatives such
as the Combined Universities in Cornwall and business support
have all helped the business sector to thrive. There is still
a lot of work to be done, but we are seeing increasing numbers
of businesses, of all sizes, looking at Cornwall as a viable
business location. New investors into the county help support
and grow the current business structure, which is beneficial
for home-grown businesses as well."
The Cornwall Pure Business project began in April 2003. Its
original goal was to relocate 78 businesses by September 2007.
The project has recently received additional investment from
Government Office South West and Cornwall County Council until
June 2008 and is now working towards to the relocation of
96 businesses, generating over 1000 jobs over the next few
For further information please contact Clare Morgan, Media
Relations Manager for the Objective One Partnership. Tel:
01872 223439 /07973 813647. Email: firstname.lastname@example.org.
The Objective One Programme for Cornwall and the
Isles of Scilly has invested in Cornwall Pure Business through
the European Regional Development Fund (ERDF).
About Objective One
The Objective One Programme has been aimed at regenerating
the economy of Cornwall and the Isles of Scilly.
About Cornwall Pure Business
Cornwall Pure Business (CPB) is designed as a red carpet service
to target and attract inward investment in key sectors through
a co-ordinated one stop service for businesses. The service
helps relocators to source locations and business premises;
grants and loans; secure IT, telecoms and broadband and provides
advice on recruitment, training and education. Additionally,
CPB is able to facilitate meetings with key personnel in local
and regional institutions who can provide businesses with
valuable input and further support. Cornwall Pure Business,
is a service of Cornwall Enterprise and has received investment
from the Objective One European Regional Development Fund
(ERDF) and Cornwall County Council.
About Cornwall Enterprise
Cornwall Enterprise is the economic development service for
Cornwall County Council and its mission is to achieve sustainable
prosperity for Cornwall. It co-ordinates and enables partnerships
and has helped to develop the economic development strategy
Media Relations Manager
Objective One Partnership Office
Truro TR1 2UD
Mobile: 07973 813647
Telephone: 01872 223439