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Two new business support programmes worth £19 million launched

Published: Tuesday, 21 June 2016   Category: All Graduate Jobs News

Two new business support programmes have been launched in Cornwall, worth a combined total of £19 million.

The European Regional Development Fund (ERDF) has financed both The Coaching for Growth and Cornwall Business Start-Up projects.

Both of the programmes will be delivered by leading specialist coaching company, Oxford Innovation, in partnership with Unlocking Potential, part of The Cornwall College Group.

The Cornwall College Group has a hugely successful track record of contributing to the local economy. Since 2004, more than 1,300 graduate level jobs have been created at 800 Cornish businesses, with the average salary offered for each post at more than £20,000.

According to Allyson Glover, programme director at Unlocking Potential, placing graduate recruitment as a top priority for the two new programmes will be a way of future proofing Cornwall’s economy, ensuring bright, young and ambitious people can develop and have a successful and rewarding career.

Who is eligible for the program?

Companies that have expansion plans and have traded for a minimum of a year will be eligible for the Coaching for Growth programme, whilst brand new ventures will receive help to develop under the Cornwall Business Start-Up programme.

For Oxford Innovation, the programmes present an opportunity to build on the work previously carried out in Cornwall, which has proved to be hugely successful.

Ambitious targets have been set for the two new programmes, as there is a wider range of businesses included, from engineering and manufacturing to hospitality and tourism companies.

There is a strong level of excitement about the new innovative methods of support for local entrepreneurs, providing the tools they need to launch the next generation of high growth firms.

Building on past success

Between 2009 and 2015, the company successfully delivered the Coaching for High Growth programme, which saw more than 2,200 new jobs created by firms that interacted with the team of specialists.

The amount of jobs created was more than double the number that was expected, and the gross value added (GVA) to start-up businesses equated to more than £57 million.

For graduate schemes across a range of locations, visit Grad Plus today

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