Access to Finance just got easier for local businesses with the launch of new support

By Cornwall Council - 06th October 2023

Local businesses in Cornwall and the Isles of Scilly, from start-ups to established enterprises, now have an easier path to financial support thanks to the launch of the new Access to Finance+ project.

Access To Finance+ offers a wide range of financial support, including grants, debt management, asset finance, crowdfunding, equity investment, and blended raises.

The scheme also provides services like financial forecasting, pitch deck development, and post-investment support. With a customised approach that includes online learning, interactive workshops, and one-to-one support, Access to Finance+ tailors its offer to meet the unique needs of each business.

Louis Gardner, Cornwall Council portfolio holder for economy, said: “Supporting businesses at whatever stage, from pre-start to mature organisations, so that they can demonstrate that they have a good strategy and sound business management skills is key to then helping them raise the finance to develop their full potential. Enabling businesses to access finance will help them to thrive and add value in the form of jobs and contributing to the growth of the Cornish economy.”

Delivered by Oxford Innovation Advice (OI) on behalf of the Growth Hub, Access to Finance+ builds on the recent, highly successful project delivered by Oxford Innovation Advice that helped businesses raise over £40million from over 120 funding sources.

Access To Finance+ is designed to assist both new and established companies in making informed financial decisions. It caters to businesses at all stages, from those starting their investment journey to high-growth companies seeking investment opportunities.

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The Access to Finance+ project is being delivered by Oxford Innovation on behalf of the Growth Hub, and is funded by the UK Shared Prosperity Fund as part of the Cornwall and Isles of Scilly Good Growth Programme. The Fund’s mission is to unlock the potential of businesses in the region, contributing to a more resilient, equitable, and prosperous local economy.

Supporting businesses at whatever stage

Councillor Louis Gardner
Woman on a tablet illustration