Cornwall and Isles of Scilly GOOD GROWTH FUND

Achieving Good Growth for Cornwall
and the Isles of Scilly

Cornwall and Isles of Scilly have been allocated £186 million to spend on local investment through the UK Shared Prosperity Fund until March 2026.

With a focus on sustainable and inclusive growth, we’re providing opportunities for communities and businesses and giving residents access to new jobs and training.

By investing in the high-value and high-growth sectors outlined in our Good Growth Investment Plan (2022-2025), and Good Growth Plan (2024-2035) we’re creating growth with local significance and national importance. Central to each of our investments are a set of Good Growth Principles which have been embedded across all our projects to generate deep and long-lasting economic development.

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Good Growth Programme Analytics

Our Three Investment Priorities

ONE:
Community and place

Urban or rural. Towns, villages or islands. Our communities and places matter. We’re investing in the development of resilient, inclusive, and sustainable communities across Cornwall and the Isles of Scilly through targeted support for infrastructure, cultural initiatives, and digital connectivity. 

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TWO:
Support for local businesses

To help unlock economic prosperity across sectors our Good Growth model is improving local opportunities by investing in infrastructure, industry and training. We’re supporting a diverse range of businesses, from start ups to established businesses and everything in between.

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THREE:
People and skills

We’re investing in our skills system to meet the challenges and opportunities that have emerged through industry automation, changing workplace practices and demand for skills in new sectors. This will give people the career and salary progression opportunities they should be able to access.

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