Newquay Airport’s Aerohub Enterprise Zone has received nearly £6 million of new funding to establish the first phase of a business park that is expected to create up to 750 jobs.


More than £2 million of the investment has come from the Homes and Communities Agency, with £3.9 million provided by the European Regional Development Fund Convergence programme. The land was provided by Cornwall Council.

Chris Pomfret, chairman of the Cornwall & Isles of Scilly Local Enterprise Partnership, said: “The business park is a vital component of the Aerohub Enterprise Zone, which is already home to six new businesses and has created more than 150 jobs since 2012.

“Our aim is to unlock further growth of both the aerospace and space sectors in Cornwall to create skilled, well-paid jobs, and this investment is an important step towards achieving that.”

Business Secretary Vince Cable said: “Cornwall’s Aerohub is an excellent example of one of the 24 Government-backed enterprise zones that are driving private-sector-led growth across England.

“This new funding will help to develop valuable infrastructure for the new business park, to attract increased investment and create more jobs for Newquay and the surrounding area.”