Cornwall and Isles of Scilly Local Enterprise Partnership
info@cornwallandislesofscillylep.com
Within Cornwall and the Isles of Scilly, we have already created partnerships
and delivery mechanisms that can easily be adapted to fulfil the role required
for our LEP. 
Aerohub @ Newquay Cornwall Airport
10 July 2012
Cornwall and Isles of Scilly Local Enterprise Partnership will today welcome the Minister of State for Business and Enterprise to formally launch "Aerohub @ Newquay Cornwall Airport" at the Farnborough International Airshow read more
5 April 2012
We have been successful in applying for £97k of Enterprise Zone Skills funding for an Aerohub Enterprise Zone Skills Plan focusing on the aviation and aerospace sectors. For more information please contact Judith Hann.
What are Enterprise Zones?
Budget 2011 announced that Goverment would establish 21 new Enterprise Zones in LEP areas.
Enterprise Zones are a powerful expression of the Government's pro-growth agenda; allowing areas with real potential to create the new businesses and jobs that they need, delivering positive benefits across the wider economic area. The core offer for businesses in the Zone is around simplified planning and business rates discounts, with Zones having the potential to develop innovative solutions to address the specific local economic challenges.
Aerohub Newquay
We led a successful bid to create an Enterprise Zone around Newquay Cornwall Airport encouraging businesses within the aerospace industry to locate there and spawning opportunities for other supporting businesses. Only LEPs, on behalf of their partners, were able to bid for an Enterprise Zone. LEPs as business led partnerships with a goal of driving sustainable economic growth across local economic areas, are ideally placed to drive Enterprise Zones forward.
Successful zones have the opportunity to attract investment, developments and jobs through a combination of business rate discounts worth up to £275,000 over five years for each business in the zone, simplified planning procedures and superfast broadband links.
With Cornwall Council, we explored the possibility of creating enterprise zones in other areas, in preparation for when legislation allow further enterprise zones to be established.
- The Aerohub @ Newquay Cornwall Airport is expected to deliver over 700 jobs in aerospace and a further 375 in the wider economy in the next 5 years.
The application to develop this was approved by Government in August 2011.
For more information, please contact Miles Carden Enterprise Zone Manager.