Decision Maker: Cornwall Growth Board

Outcome: Recommendations approved

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: March 27, 2025

Purpose: The report will examine the suite of place and town-based investment that has taken place over the past five years to draw out lessons learned and inform future place and town-based policy and funding. The report will recommend key principles for how future place-based funding and policy will be taken forward.

Content: It was moved by Councillor Taylor, seconded by Councillor Mould, and   RESOLVED:   1.  That the investment of place and town-based funding over the past 5 years, amounting to more than £142 million, and the significant outputs and outcomes this has delivered across Cornwall, be noted. 2.  That having regard to the lessons learned from the delivery of this investment and the recommendations made by the Economic Growth and Development Overview and Scrutiny Committee, the principles for future place policy and funding outlined in section 2 of the report be approved. 3.  That the outlined approach for place-shaping in the short and medium term through Shared Prosperity Fund (SPF) Year 4 funding for a continuation of the Community Capacity and Facilitation and the Community Levelling Up Programmes, as well as the intention to put in place a specific town regeneration resource within Cornwall Council, be approved.