European Regional Development Fund

ERDF (European Regional Development Fund) in Cornwall and Isles of Scilly is worth €438m and makes up 75% of our Programme allocation, it will help to support the EU and local ambitions for smart, sustainable, inclusive growth.

Priorities for investment are:

• Increased levels of research and innovation to exploit new market opportunities and drive the commercialisation of new products and services.

• Addressing the issues of climate change and supporting energy sustainability.

• Increasing access to finance for small and medium sized enterprises to enable investment to drive growth.

• A suite of business support products, including a single point of access to simplify the business support landscape.

• Addressing underlying infrastructure issues, including transport and digital.