The centres are operated by Plymouth University with the support of GAIN, the Growth, Acceleration and Investment Network, which aims to boost business growth and job creation in the South West.
Following a recent visit to one of the centres Secretary of State for Business, Dr Cable said:
“Centres like this are certainly part of the solution to address the issue of people moving away from Cornwall for work, and we need to see more centres like this. There is some really good work going on here supporting these growing companies, and I enjoyed the chance to hear more about it.”
Earlier this month it was announced that the Cornwall Innovation programme is in the running for a major national award, having been shortlisted in the Outstanding Contribution to the Local Community category of the 2014 Times Higher Education Awards.
The programme has already been ranked amongst the best in the world by UK Business Incubation (UKBI) achieving INSPIRE accreditation, and are currently home to 139 businesses overall, employing around 480 people. Since the first centre opened in Pool in 2012, the programme has enabled its clients to create 216 new jobs, safeguard a further 76, and grow revenues by more than £9.3million in total.
One year on