The award, which safeguards the Outset Cornwall provision to May 2015, follows the allocation of a further £2.5million of European funding into the region’s economy and was announced as Outset Cornwall concluded its first phase programme, which began in 2009.
Chris Pomfret, deputy chairman of the Cornwall & Isles of Scilly Convergence Joint Local Management Committee, said: “Outset Cornwall supports people’s aspirations to start up in business and provides them with the support they need to succeed.
“The first phase of Outset’s contract has produced many successes throughout Cornwall and the Isles of Scilly and this new contract will provide vital continuity for this project.”
Since its launch three years ago, Outset Cornwall has helped 228 people to start their own businesses, leading to the creation of 277 new jobs within the county. The programme reaches out to people within the local area from a wide variety of backgrounds, helping them to give themselves a job. Businesses launched through the programme range from bakers and cake makers, to accountants and community radio stations.
Kate McEwen, Outset’s Head of Operations for the South West, explains: “Getting to that initial stage of actually launching a business can be daunting and our approach to the pre-start phase is widely acknowledged for its value to the longer-term sustainability of these new businesses.
“As businesses develop through the programme, we continue to support them during the fundamental first year of trading, to help them to become sustainable and to aid further business growth. We are absolutely delighted to be awarded this new contract, and look forward to continuing our work here in Cornwall and the Isles of Scilly.”
Bev Hurley, YTKO Group’s Chief Executive, said: “Our record for delivering strong return on investment to our funders and making a real difference to our clients has resulted in the renewal of the Outset Cornwall contract. We will continue to work within these communities, to help identify and support new entrepreneurs and tailor our programmes to suit their different needs.”