Driving economic growth and the creation of quality jobs

Cornwall and Isles of Scilly Local Enterprise Partnership is responsible for setting and driving the economic strategy for our area.

In 2030 the Cornwall and Isles of Scilly creative and carbon-neutral economy will be realising opportunities for its people, communities and businesses to thrive, benefiting the environment and providing an outstanding quality of life for all.

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Industrial Strategy for Cornwall and the Isles of Scilly

Cornwall and the Isles of Scilly are rich in natural capital and alive with opportunity. Our Industrial Strategy sets a course for a decarbonised and sustainable future for business, for people and for our environment. Our pioneering spirit, strength of community, and culture of innovation and creativity will take us there.

Through the delivery of the Local Industrial Strategy, we aim to secure Cornwall and the Isles of Scilly’s position as an internationally renowned rural creative region.

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Funding

Cornwall and the Isles of Scilly Local Enterprise Partnership has successfully secured £100m since 2012 from various central government funding streams invested into projects across the region.

We invest in projects which contribute to future economic growth for Cornwall and the Isles of Scilly and align with our Local Industrial Strategy.

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Impact

From investment into projects to drive economic growth and the creation of local jobs to Employment and Skills, convening and partnering on Strategic Projects, Business Support through Cornwall and the Isles of Scilly Growth Hub and Enterprise Zones, find out how CIOS LEP makes a difference.

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Press & Blog

June 28, 2022 | blog

June Chair’s blog

Last week Vancouver-based Cornish Metals released its quarterly trading update confirming it had raised £40.5m towards reopening South Crofty tin mine and completed more than 10,000 metres of test drilling at United Downs. A day later Cornish Lithium announced its institutional shareholder TechMet was investing a further £9m (on top of £9m already invested) following the results of a hard rock study at Trelavour near St Dennis.

LEP investment backs Spaceport Cornwall for launch

A £2m investment from the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is paving the way for the first satellite launch from UK soil later this year. The LEP is supporting the construction of new facilities at Spaceport Cornwall at Newquay, where five satellite payloads are already confirmed for commercial launch with Virgin Orbit this September.

Supporting a rural economy transition

A few weeks ago saw the publication of a hard-hitting report, part-funded by the LEP, about the potential loss to the South West rural economy of £883m by 2027 due to changes in farm policy. The move away from the EU’s Common Agricultural Policy (CAP) has been driven by Brexit, resulting in the biggest shake-up in farm subsidies for over 50 years.