CUC – The Model For European Economic Regeneration
Carleen Kelemen, Director of the Objective One Partnership, has just returned from a high profile event in Brussels supporting a delegation led by Gordon Kelly from the Combined Universities in Cornwall (CUC) partnership. Partners included University College Falmouth, University of Exeter in Cornwall, Cornwall County Council, Cornwall College, Government Office for the South West as well as the Objective One Partnership Office.
The CUC is the centrepiece of the Objective One Programme for Cornwall and the Isles of Scilly and is seen as key to raising the region's wealth by encouraging the growth of a more knowledge-based economy.
The CUC partnership delivered a seminar at the European Commission's Directorate for the Regions on Wednesday September 14. The event also included an evening reception hosted at the EU Parliament, with a welcome from Danuta Hubner Commissioner for Regional Policy.
On her return Ms Kelemen said: "I was pleased to accept the invitation to speak at this event and to help demonstrate how essential the CUC is as the foundation of Cornwall's economic future.
"Knowledge and its exploitation by business is the key driver in providing support for existing sectors and in growing new businesses. As the Objective One flagship project it will have far reaching economic effects. While in Brussels I took the opportunity to illustrate the many ways in which businesses can work with the CUC, by using the research facilities and the students. I also described how the CUC is a crucial part of the Objective One jigsaw which also involves improving transport infrastructure and information technology and creating workspace.
"This event was important because it helps to demonstrate Cornwall and the Isles of Scillies' strategic success in handling Objective One investment to a wide audience.
"The successes of this Programme will provide the platforms for continuation of the economic regeneration goals for Cornwall and the Isles of Scilly."
The CUC project was heralded as a unique and innovative model which should be explored in all future European structural fund programmes looking to drive forward a more knowledge based economy.
For further information please contact the Objective One Communications Team, Tel: 01872 223439, Mob: 07973 813647, Email: email@example.com.
An initial investment of £65 million from the UK Government and the Objective One European Regional Development Fund (ERDF) lead to the Combined Universities in Cornwall.
The Combined Universities in Cornwall is a partnership that combines the Universities of Exeter and Plymouth, University College Falmouth, The Open University, The College of St Mark & St John, and the Peninsula Medical School, with Cornwall's Further Education colleges - Cornwall College, Truro College and Penwith College
Alongside the growth of education provision, the CUC has developed the capacity of its partner universities and colleges to support business in the region. A further £55million funding package was secured in March 2005. The CUC is expected to generate over 4000 jobs by 2025 and to create over 4,500 student places producing 1,500 graduates each year by 2011.
Media Relations Manager
Objective One Partnership Office
Truro TR1 2UD
Mobile: 07973 813647
Telephone: 01872 223439
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