The Town Regeneration and Investment Programme (TRIP) is part of the delivery of the UK Shared Prosperity Fund in Cornwall and comes under the Good Growth Programme.
The aim of TRIP is to regenerate towns and high streets across Cornwall through investment into local projects to boost business growth and productivity.
Applications for grant funding are now closed. Applicants will be contacted once appraisals have taken place and successful projects will be announced shortly after.
TRIP priorities
- Focus on Town Centres: Projects that help improve the social and economic life of a Cornish town, especially the town centre or high street. Proposal should also support the growth and productivity of local businesses.
- High Street Revitalisation: Projects that make a real difference to the high street or main business area of a town or large community in Cornwall. Projects should link to local plans like Neighbourhood Plans, Town Investment Plans, or local planning policies.
- Tackling Local Challenges: Proposals to address the specific economic challenges within a town. You can find useful information in Cornwall Council’s Town Vitality Index and the national Indices of Multiple Deprivation.
- Support for Sectors: Projects that help Cornwall’s Distinctive sectors: Critical Minerals, Renewable Energy, Space, and Marine. TRIP also supports Core sectors: Visitor Economy, Creative Industries, and Agri-food.
- Cornwall-Wide Coverage: Support for projects in all towns across Cornwall. While aiming for a good spread across the region, the main focus will be on projects that show the biggest positive impact for their town, especially those that meet programme goals and respond to local needs.
Examples of activity that can be funded:
- Refurbishment of town centre buildings to increase business use.
- Retrofitting or installation of clean energy technologies, renewables and energy-efficiency adaptations
- Supporting adoption of other innovative technologies and practices.
- Collaboration activities between businesses and the development of new supply chains.
- Funding early-stage work, like research or planning studies, especially for future projects that create workspaces in towns.
- The following can also be supported if it helps the town and its businesses thrive:
- Improving community spaces or public areas
- Digital improvements
- Heritage improvements.
Support
For further advice, or to request an informal discussion around project fit, contact the TRIP team using the details below.
Email: TRIP@cornwall.gov.uk
This project is funded by the UK government through the UK Shared Prosperity Fund. Cornwall Council is managing the delivery of the Shared Prosperity Fund on behalf of Cornwall and the Isles of Scilly.
