Steve Double, Member of Parliament for St Austell and Newquay, has welcomed the news that the Cornwall and Isles of Scilly Business Investment Fund is another step closer following the procurement phase rolling out this week.
The Cornwall Business Investment Fund.is a finance fund of up to £100million to support Cornish businesses to grow, develop and create new jobs, through the British Business Bank.
Commenting Steve said:
“I recently met with new Business Minister Andrew Griffith to push for progress on the Cornwall Business Investment Fund after it had stalled due to EU technicalities.”
“Following this, I am pleased to see excellent progress has been made, with the launch of the procurement phase today.”
“Once fully operational, this fund will be a great boost for Cornish businesses and the economy. I will continue to do all I can to work with the Government to make this a reality.”