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Strategic, Business, Enterprise and Research & Development Infrastructure

Fund Name

Strategic, Business, Enterprise and Research & Development Infrastructure

Project Length

Completed by 31 March 2025

Project Value

£500k-£5m

Deadline

04.08.2023

Funding will be targeted for:

  • Development costs (i.e. revenue costs, such as, feasibility studies, design, planning, specialist advice)
  • Delivery phase (i.e. capital costs, such as, construction, enabling works or infrastructure)

Check Your Eligibility

Fund details

Funding available

  • Capital – £500k-£5m
  • Revenue – £20k-£100k

Investment will be prioritised for projects that demonstrate a need for grant (i.e. viability gap) and where a project would otherwise not have been delivered. Projects that are ready to be delivered but stalled, with ownership secured and statutory permissions in place, will be at an advantage.

Projects that can contribute to supporting the green industrial revolution and Cornwall unique sectors opportunities will be prioritised. This will include Clean Energy Resources, Geo Resources, Data and Space, Visitor Economy and Agri-food. Support to organisations involved in research and development (R&D) will be preferred.

Improvements to digital connectivity is a key objective for the programme and projects that can help to achieve this ambition are encouraged.

Evidence of market failure and requirement for public support will be required. Projects are likely to fall within the following planning classifications; office: B1a and b; industrial: B1c, B2 and B8, and projects that are located in towns or in strategic employment sites would be preferred.

Projects must demonstrate how it addresses the issues presented in the CIOS Good Growth Investment Plan in particular how the project will enhance business productivity and competitiveness.

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