Innovation centre aiming to foster business development
CORNWALL'S third multimillion-pound innovation centre has been officially opened at the Royal Cornwall Hospital Trust site in Truro.
A plaque commemorating the opening of the landmark £13 million Health and Wellbeing Innovation Centre (HWIC) was unveiled by Department of Health adviser Dame Carol Black, the principal of Newnham College, Cambridge.
Operated by Plymouth University on behalf of Cornwall Council, HWIC will be at the heart of a group of international health institutions and is expected to support up to 70 businesses and create more than 80 new jobs.
Its aim is to provide businesses with an environment in which they can develop their ideas, accelerating their growth to create more and higher-value jobs.
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Eight clients have already moved into HWIC since mid-January, including award- winning skincare company Spiezia Organics and Active Plus and CG Therapy, two enterprises working with former service personnel suffering from post-traumatic stress disorder.
Cornwall Council, supported by the Cornwall Development Company (CDC), led on the HWIC project, which has received almost £10 million of European Regional Development Fund Convergence investment and more than £3.3 million from the council. It was built by BAM Construction.
Carolyn Rule, the council's portfolio-holder for health and wellbeing, said: "This new centre provides an exciting opportunity to create a world-class cluster of health initiatives that will bring enormous benefits to people in Cornwall."