Cornwall and Isles of Scilly Economic Forum
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Delivery & Monitoring Plan

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Innovation and R&D ::
Objective and Actions
Delivery Outcome
Lead Partner and Contact
Delivery Progress
Time Scale
Performance Indicators
Targets
LAA Targets
Impact on Strategies and funding Programmes
Issues / Blockages
Status / Date
Comments
 
Promote Innovation and R&D
Promote Innovation and R&D
  • Develop world-class research institutes and research within and outside education, which interlock with business, including the growth of postgraduate and research training.
  • Foster closer collaboration between higher education, businesses and the public sector.
  • Build on the research and information base through the further development of Local Intelligence Network Cornwall (LINC).
    Strengthen existing networks/clusters and, where appropriate, build new ones.
  • Grow business R&D, graduate enterprise and SME participation by enabling better access to finance and business support.
    Research what it takes for a peripheral and knowledge-based rural economy to succeed, and exploit this research elsewhere.
  • Maximise benefit from the existing bank of intellectual property, including the cultural product, and support initiatives to trade world-wide.

 

Nigel Hewitt - Combined Universities in Cornwall

Working with stakeholders to develop business plans for new research and innovation expertise within the county. The Innovators' Forum continues to develop as an emerging network of high knowledge businesses to facilitate peer group learning, business engagement with knowledge centres and commercial collaborations. Discussions have been held to consider how to incentivise business investment in R&D post Research Fund.

Ongoing from mid-end 2008. Capital infrastructure driven capacity from 2010 onwards. Innovators' Forum from now onwards.

Level 5 learners and qualifications. Increased capital infrastructure in place and staffed. Number of business HE/Research institute collaborations and measures of business benefit arising. Increased numbers involved with the Innovators' Forum. Establishment of a R&D Fund to incentivise and enable investment in R&D.

 
Encourage further inward investment by high-value business
Promote Innovation and R&D

 

Lucy Hunt - Cornwall Pure Business

I'd Rather Be in Cornwall Club and I'm Glad I Came to Cornwall Club events held November (London) and December (Cornwall).

Objective One funded project ends 31 December 2008

 

23/12/2008

See section under Sector Development re on-the-ground activity.

 
Develop a programme of knowledge exchanges / placements
Promote Innovation and R&D

 

Nigel Hewitt - Combined Universities in Cornwall

The PMC have approved the commissioning of an ESF funded graduate placements scheme for Cornwall.

From mid 2008 onwards.

1100 graduate placements. 830 jobs resulting from placement activity.

 
Create a branded ‘Cornwall Innovation System’
Promote Innovation and R&D

 

Nigel Hewitt - Combined Universities in Cornwall

Work continues to develop business plans for the planned Innovation Centres in the county. The Agri-Food facility at Stoke Climsland is open and is undertaking product and skills development work with land-based and food companies both within and outside the area.

From 2010 onwards for capital build. Engagement with businesses in advance of this.

Number of businesses supported and business performance gains resulting.

 
Enhance incubation services to enable knowledge-based start-up and spin-out companies to realise their potential.
Promote Innovation and R&D

 

Nigel Hewitt - Combined Universities in Cornwall

See above

See above

See above.  Add Business Starts and Survival Rates