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Three in One: Regeneration lessons learned from ESF/ERDF co-ordination in Camborne, Pool and Redruth. Mark Smith Business Development Director. CPR Regeneration. CPR Regeneration is Cornwall's Urban Regeneration Company
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Three in One: Regeneration lessons learned from ESF/ERDF co-ordination in Camborne, Pool and Redruth Mark Smith Business Development Director
CPR Regeneration CPR Regeneration is Cornwall's Urban Regeneration Company Its aim is to ensure that the area is regenerated in a sustainable way with a range of new homes and employment opportunities alongside community and leisure facilities in an improved environment. Cornwall Council is currently examining proposals to integrate CPR Regeneration into the Cornwall Development Company (CDC)
Camborne, Pool & Redruth: The Challenges • Population c46,750 (CPR wards) • Businesses 2,000 • Jobs located in area 17,450 • Relatively large proportion of manufacturing and public services • High levels of Inactivity and worklessness • External Image of the CPR area • Employment Space provision • Inward Investment and supply chain support • Convergence Programme delivery
Integration:Added value, outputs and impacts • For developers: Greater confidence in tenants, increased demand for workspace • For community: Engagement in business activities, increased job opportunities • For end-users: Coordinated support for growth
Building the Workspace – work with Constructive Cornwall, ESF programmes and the private sector to provide:
Creating Demand for the Workspace – work with businesses to:
Points and Challenges Programme / Project Design To encourage integration and discourage competition To avoid frictional losses Keeping your eye on the goal To provide cohesive direction To align investment Leaving a legacy To build capacity within Cornwall post-Convergence To increase the ambition of businesses and individuals