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And a pioneering geotracer facility will be established at University of Exeter to trace river/marine pollution, land contamination and groundwater sources. Cross-sector applications for this include the development of geothermal energy; geo-resources; and land and environmental monitoring/management.
Cornwall Council portfolio holder for economy Cllr Louis Gardner said:
“By investing in the Entrepreneurial Futures project, we are supporting Good Growth principles to contribute to sustainable and inclusive economic growth, support the delivery of a clean, circular and carbon-neutral economy, improve productivity, drive innovation, and promote the development of more environmentally friendly and socially responsible industries.”
Professor Martin Siegert, Deputy Vice Chancellor (Cornwall), University of Exeter, said:
“Economic growth in Cornwall is dependent on entrepreneurial advances in businesses that are critical to its future, ensuring it will be greener, fairer and healthier.
“The University of Exeter's Shared Prosperity Fund collaboration with Cornwall College, and University partners, will ensure support for the talent, skills and ideas that will drive regional prosperity.”
The £5.6m investment in the Entrepreneurial Futures project by the Good Growth Programme is funded by the Government’s UK Shared Prosperity Fund (SPF). Cornwall has been allocated £132m of SPF funding over three years with investment decisions taken at local level and with a focus on green and inclusive growth.
Find out more about the Good Growth Programme and the projects it is supporting in Cornwall and the Isles of Scilly