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Kernow Industrial Growth Fund update, Project Change Policy and Good Growth Principles approval

The council board approved new rules and principles for handling changes to funded projects, while noting progress in developing key industries in Cornwall.

Cornwall Growth Board·2026-10-08·Resolved

Plain-English summaries and outcome labels are Cornwall Political Watch's own AI extractions from the published minutes, not Cornwall Council wording. Where a “From the minutes” quote is shown, it is verbatim from the minutes the outcome was extracted from.

Description

The Board noted the update on distinctive sector development in Cornwall through the Kernow Industrial Growth Fund and approved the Project Change, Remediation and Clawback Policy and updated Good Growth Principles for implementation across multiple funding schemes.

From the minutes

RESOLVED 1. That the Board noted the update within the report on the distinctive sector development in Cornwall that is being enabled through the design, implementation and delivery of the Kernow Industrial Growth Fund following the announcement of Kernow Industrial Growth Fund by UK Government in November 2025. 2. That the Project Change, Remediation and Clawback Policy, as set out in Appendix 1 to the report, be approved and implemented. 3. That the updated Good Growth Principles, as set out in Appendix 2 to the report, be approved and implemented

Verbatim from the published minutes — the sentence the recorded outcome was extracted from.

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