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Towns Fund

Last updated: 13/01/2021

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In September 2019, the Government invited 100 places across England to each apply for up to £25m funding. This funding is to encourage economic regeneration. Read further information on the Town Fund Prospectus.

Four of the places identified as part of this initiative are towns in Cornwall:

Camborne
Penzance
Truro
St Ives

The focus of the regeneration is on

urban regeneration
planning and land use
skills and enterprise infrastructure
connectivity (both physical and digital)

This news was first announced by Cornwall Council on 6 September 2019.

Each of the four towns has established a dedicated Town Deal Board, comprising representatives from

Government
Cornwall Council
Town/Parish Council
other stakeholders from local business and enterprise

Each Town Deal Board is currently working to create a Town Investment Plan. These will outline the projects that each town wishes to implement. This is in consideration of their specific requirements for growth and regeneration.

More information about each Town Deal Board can be found on their dedicated websites below:

Town Boundary Maps

All Town Deal Board members have signed up to a code of conduct. This is based on the Seven Principles of Public life (the Nolan Princilples).

Each Member of the Town Deal Boards is required to provide a Declaration of Interest form, these are available on request. Members also declare interests at the beginning of each Board meeting, this information can be found within the Board meeting minutes.

View the Seven Principles of Public Life

Documentation relating to each Town Deal Board can be found using the links below: