LEP earmarks up to £2.95m to support pioneering Smart Islands project on the Isles of Scilly
Almost £3 million has been earmarked to support a pioneering project to transform infrastructure on the Isles of Scilly and support local growth.
The Cornwall and Isles of Scilly Local Enterprise Partnership has agreed in principle to invest up to £2.95 million in the Smart Islands programme on the Isles of Scilly, which are located 28 miles off the coast of Cornwall in South West England.
Smart Islands is a partnership project designed to tackle the challenges of sustaining a remote island community by moving towards a low carbon economy. It is taking a fundamentally different and innovative approach to energy, water and waste services to pilot new models that will be scalable to other rural communities and cities across the world.
The LEP’s contribution would come from the Government’s Local Growth Fund, which is investing over £70m through the ‘Growth Deal’ programme to improve infrastructure and grow the economy of Cornwall and the Isles of Scilly.
Because of its potential as a national exemplar project, Smart Islands has been singled out as one of just a handful of case studies nationwide to feature in the Government’s Industrial Strategy White Paper, which has been published today.
Sandra Rothwell, chief executive of the Cornwall and Isles of Scilly Local Enterprise Partnership, said: “Smart Islands is creating a learning laboratory that we hope will serve as a model for the rest of the UK and beyond. It is melding cutting-edge digital technology with renewable energy generation and storage to tackle some of the biggest challenges facing the world today. It will bring huge benefits to the island community in terms of reduced costs and carbon emissions, and cater for future sustainable growth.”
Minister for Local Growth Jake Berry said: “This is an exciting example of a Local Enterprise Partnership using Government’s Growth Deal funding to deliver savings for local people and businesses and offering environmental benefits. It also shows that innovation is not confined to big cities and I hope it develops into a model that other places can use in future.”
The Smart Islands programme aims to transform the islands’ infrastructure, including the creation of a local energy market with an ‘Internet of Things’ platform that will control energy loads in houses, businesses, electric vehicles and other connected infrastructure. Its goal is to provide 40 percent of electricity demand using renewables, to cut electricity bills by 40 percent, and for 40 percent of vehicles on the islands to be electric or low-carbon – all by 2025.
It also aims to provide sewage treatment, waste disposal and energy from waste facilities to replace outdated and expensive systems which are burdening the islands with significant costs and hindering future growth ambitions.
The project is being delivered through a partnership that includes Hitachi Europe Ltd, Tresco Estate, the Council of the Isles of Scilly, the Islands’ Partnership and the Duchy of Cornwall, with UK smart energy businesses, Moixa Technology and PassivSystems, as project partners.
Nicola Lloyd, Head of Inward Investment at Cornwall Trade and Investment says; “This is the type of project that really puts Cornwall’s business activity on the map. Many of the region’s businesses are leaders in their field and making a difference to their industries globally and we’re proud to see them generating the interest and recognition they deserve, as well as setting a leading example for their sectors across the rest of the UK.”
CTI are heading to SLUSH – the world’s leading startup event – taking place on the 21-22nd November in Helsinki, Finland. With over 25,000 attendees, 4,000 startups & 2,000 investors it’s an excellent opportunity to network, make deals and secure investment and we want Cornwall’s […]Read More
Following its recent acquisition by Toadman Interactive, Antimatter Games is gearing up for unprecedented growth. MD Rich Barham explains what this means for Cornwall’s largest games studio – and why he wouldn’t be based anywhere else. Released to overwhelmingly positive critical and player reviews, Rising […]Read More
Be the first to hear the latest news, releases and stories from the UK's most exciting and innovative region
Cornwall’s eclectic mix of work environments offers a variety of opportunities from collaborative seaside co-working spaces through to industrial workshopsSee More
Cornwall’s businesses engage with and attract a highly motivated pool of professionals who are making the most of Cornwall’s unparalleled work/life balance
We work closely with various organisations to introduce your business to finance and funding opportunities throughout the region and beyondSee More
Work hard. Play hard. Live well.See More
Cornwall is home to a uniquely supportive and collaborative business community, and as soon as you arrive, you’ll feel it.See More
1 hour to London. 5 minutes to the beach. Up to 330 MbpsSee More
If you’ve got questions about establishing your business here, or if you’d like to find out exactly how we can support you, get in touch todayFind out more