The second phase of a £3.2m project aim at increasing exports from businesses in Cornwall has been launched after securing an European Regional Development Fund (ERDF) Convergence investment.
The Export Cornwall project aims to increase the number and scale of businesses in the regional trading internationally. It is estimated that 345 businesses will have been supported by the time the project ends in 2015 and 410 jobs will have been created.
The second phase of the project has been approved of £2.5m of ERDF Convergence with a further £446,131 coming from UK Trade & Industry and £375,000 from the private sector. It will be delivered by Peninsula Enterprise.
Rory Uniacke, head of UKTI with Peninsula Enterprise, said: "We will continue to build on the achievements made so far through the Export Cornwall Service. We are keen to work closely with the private and public sector organisations in Cornwall to ensure that all potential and current exporters have the best possible support available to meet their growth potential."
Carleen Kelemen, director of the Convergence Partnership Office for Cornwall and the Isles of Scilly, added: "In the current economic climate where austerity measures out way growth interventions, here in Cornwall we can still invest in those activities which support domestic growth earned from international markets."
The first stage of the Export Cornwall project supported more than 300 businesses.
PUBLICATION: Insider South West - 1 June 2012