Convergence Investments

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1.1.2009

Spinnaker International extension (Spinnaker International Ltd)

The aim of the project is to provide additional high quality office space and industrial accommodation within an existing business unit at Spinnaker International’s premises in Saltash. Spinnaker International develops and supplies electronic cash protection systems for the transport and storage of cash.

ERDF Convergence investment will bridge the cost/value gap due to the cost of construction exceeding the market value of the completed development. 

The new space will enable Spinnaker International to deliver a vital contract, continue its expansion aims and retain and attract employees in Saltash.

Related Links

24.06.10 Uni of Plymouth reveals nominations for the Enterprise Awards
09.10.09 International business expanding with Convergence investment

 For Further Information

Spinnaker International Ltd
Employment Space Strategic Investment Framework

Who's paying for this?

Pie chart of investments.

A - ERDF Convergence - £196,979
B - Private sector match funding - £295,469

Investment overview

Investment theme: Strengthening business

View other investments within the theme Strengthening business.

European investment from: ERDF

View other investments funded by ERDF.

Project status

View full timeline

1.1.2009 Start date

1.12.2009 Completion date

How do I find out more?

Tony Westington

Managing Director
Spinnaker International Ltd
01752 850300

Ian Whale
DCLG Programme Delivery Team
Ian.Whale@communities.gsi.gov.uk
0303 444 6550