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03.01.03  
New business facilities for South East Cornwall

A project to create new facilities for small and growing businesses in South East Cornwall has been approved by Objective One for European funding.

The development of Oakland Mews will create four additional premises on the Liskeard Business Park. The premises are targeted for office use but will also provide suitable workspace for a range of business activities.

James Lockyer Associates Ltd, a local private firm of consulting engineers, has put the project together and work is now in progress. Construction should be completed in Autumn 2003.

Once complete, the project should enable the creation of an additional 26 jobs and the development of business worth £880,000 per year.

The creation of the mews development will cost £339,150. A grant of almost £119,000 will be provided through Objective One from the European Regional Development Fund, while the remainder of the cost will be met by the applicant and from private sector sources. For details of the premises and availability, please contact James Lockyer Associates on 01579 344771.

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Editor's notes:

European Regional Development Fund (ERDF)
ERDF is one of our four funds that make up the Objective One Programme for Cornwall and the Isles of Scilly, which is making £314 million of grant funding available for developing the local economy between 2000 and 2006.

ERDF exists to:

• Help reduce the gap between development levels and living standards among the regions and the extent to which least-favoured regions are lagging behind.

• Help redress the main regional imbalances in the European Community by participating in the development and structural adjustment of regions whose development is lagging behind, and the social conversion of regions.

For further information contact:
James Lockyer
James Lockyer Associates Ltd
01579 344771

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Jason Clark
Communications Manager
Objective One Partnership Office
Castle House
Pydar Street
Truro TR1 2UD
Tel: 01872 241379
Fax: 01872 241388

jason@dclark.co.uk

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