Convergence Investments

Printable version

1.2.2009

Globalisation (Serco Regional Services Ltd)

The Globalisation Project aims to support a step change in the international performance of companies in Cornwall and the Isles of Scilly and in parallel, attract international investment to support the area′s economic development.

The target of the three-year project, which will be run by Peninsula Enterprise, is to support 193 businesses with high growth potential in Cornwall and the Isles of Scilly to trade internationally. It will also be targetted at encouraging foreign business investment in Cornwall and the Isles of Scilly.

The project will receive £1,545,652 from the ERDF Convergence Programme with the remaining match funding coming from United Kingdom Trade and Investment (UKTI) which works with UK-based businesses to ensure their success in international markets.

Support for businesses is offered in the form of:

  • Business Development Vouchers - up to £7,500 a year.
  • Support and aftercare for businesses involved in networks and clusters, with particular focus on renewable energy and environmental technologies.
  • Support for businesses to form joint ventures, partnerships and alliances to import and export good practice from national and international experience.
  • Offering a strategic overseas marketing and communications plan.
"We are pleased to have this opportunity to help Cornish businesses trade internationally.The programme is highly flexible which means it can be adapted over the three years to meet the ever changing needs of businesses."Adam Chambers, Chief Executive of Peninsula Enterprise
"This ERDF Convergence investment will support those businesses with the ambition and potential for international growth and create high quality jobs in Cornwall and the Isles of Scilly."Carleen Kelemen, Director of the Convergence Partnership Office for Cornwall and the Isles of Scilly

Related Links

18.11.11 Cornwall celebrates continuing business success
08.10.10 Cornwall launches pioneering scheme to help businesses go global
09.08.10 Women in Export
06.04.10 From the South West to the Far East

More media releases

11.02.10 Cornish company shows the nation that breast is best
22.01.10 Lucky thirteen get international marketing masterclass
01.12.09 Pioneering Workshops Take Cornwall to the World
23.04.09 Investment to put businesses on the global map

For Further Information

UKTI
Business Link

Who's paying for this?

Pie chart of investments.

A - ERDF Convergence - £1,545,652
B - UK Trade and Investment (UKTI) - £515,218

Investment overview

Investment theme: Strengthening business

View other investments within the theme Strengthening business.

European investment from: ERDF

View other investments funded by ERDF.

Cross cutting themes

Equality and Diversity

This investment will project an image of Cornwall and the Isles of Scilly as part of the wider South West as a diverse region and combat any stereotypical views of the region.  It will develop an awareness of cultural sensitivity working with other countries.  This includes diversity training for marketing professionals and related staff.  The investment will be working in partnership to reach under-represented groups.

Environment

The operational impacts of business support delivery will be monitored and processes will be put in place minimise them.  In the delivery of the project the need to travel will be questioned with increased use of video conferencing and web linked manufacturing sites.  The development of Environmental Goods and Services will be incentivised, along with a greater focus on the development of investment around the development of a lower carbon economy and environmental awareness.

How do I find out more?

Business Link

Tel: 0845 600 9966
Email: enquiries@blpeninsula.co.uk

Josie Gough
DCLG Programme Delivery Team
Josie.Gough@communities.gsi.gov.uk
0303 444 6552

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