In addition to the physical attributes, the location also offers a range of incentives to investors and potential occupiers. As a result of European funding, Cornwall offers access to unparalleled financial incentives.
Financial
Enterprise Zone - an area identified to stimulate economic growth, offering business rate discounts and other incentives to business
Grant for Business Investment (GBI) – the only location in England where up to 50% match funding for projects that create and protect skilled jobs is available
South West Loan Fund – financing for Cornish businesses who can’t obtain funds from private-sector lenders
Springboard Fund – funding the development of innovative ideas that will have an impact on the economy of Cornwall. This may be through a grant or loan depending on the type of applicant organisation and the project
Tax in the UK - The UK was one of the most competitive corporate tax rates in Europe