Key Takeaways
- •The Cornwall Growth Board approved the Economic Forum‑suggested pipeline of investable propositions as the council’s short‑medium‑term investment priorities.
- •The Board agreed on the timetable and process for the Cornwall Evergreen Regeneration Fund, commissioning external support to develop financial modelling and a delivery plan for review in December 2026.
- •The updated Enterprise Zone Investment Policy (Appendix 2) received Board approval.
- •The Board noted that an Airport PSO could not be secured this year and endorsed efforts to replace it with regular commercial London connections to support local businesses.
This summary was generated by AI and may contain errors. Read the full minutes for the official record.
The meeting began with a motion put forward by Councillor Dwelly and seconded by Councillor Preece, which was subsequently resolved by the Cornwall Growth Board. The first resolution approved the prioritised pipeline of investable propositions that had been suggested by the Cornwall and Isles of Scilly Economic Forum and detailed in the accompanying report. This pipeline is now designated as the short‑ to term investment priorities for the county’s economy.
A second resolution confirmed the Board’s agreement on the proposed timescales and procedural framework for the Cornwall Evergreen Regeneration Fund. The Board endorsed the commissioning of external expertise to develop financial modelling and to produce a delivery and investment plan, with the expectation that this plan will be presented for Board consideration in December 2026.
The third resolution approved an updated Enterprise Zone Investment Policy, which is set out in appendix 2 of the meeting documents. The policy revision is intended to guide future investment activity within the county’s designated enterprise zones.
Finally, the Board noted that an Airport Public Service Obligation (PSO) could not be secured for the current year. In response, the Board expressed support for “energetic” measures to mitigate the loss, specifically encouraging the establishment of regular commercial flight connections to London to support the local business community.
Attendance
6 of 7 members present
Decisions
The Cornwall Growth Board approved a short‑to‑medium‑term list of investment ideas suggested by the Cornwall and Isles of Scilly Economic Forum as the region’s economic priorities.
The Cornwall Growth Board approved the schedule and steps for the Evergreen Regeneration Fund and will hire outside experts to do financial modelling and create a delivery and investment plan that will be reviewed in December 2026.
The Cornwall Growth Board has approved the updated Enterprise Zone Investment Policy.
The Cornwall Growth Board says the airport can’t receive a public service obligation this year, but supports efforts to offset the loss by adding regular commercial flights to London for local businesses.
Related meetings
Adjacent Cornwall Growth Board meetings:
Other meetings within a week
- Sustainable Growth and Place Overview and Scrutiny Committee — Sustainable Growth and Place Overview and Scrutiny Committee - 16 June 2026 (16 Jun 2026)
- Cabinet — Cabinet - 17 June 2026 (17 Jun 2026)
- Licensing Act Sub Committee — Licensing Act Sub Committee - 17 June 2026 (17 Jun 2026)
- Urgent Driver/Operator/Vehicle Sub Committee — Urgent Driver/Operator/Vehicle Sub Committee - 18 June 2026 (18 Jun 2026)
- Pensions Committee — Pensions Committee - 18 June 2026 (18 Jun 2026)
- West Sub-Area Planning Committee — West Sub-Area Planning Committee - 22 June 2026 (22 Jun 2026)