Falmouth University’s venture studio and incubator, Launchpad, is embarking on a new chapter with Launchpad Futures.
The innovative programme, made possible by £1.5 million of funding from the UK Shared Prosperity Fund, aims to bolster business growth in Cornwall and enhance the region’s economic impact.
The team behind Launchpad Futures will support established businesses in Cornwall, helping them access Falmouth’s research and development capacity, including hosting knowledge exchange masterclasses, networking and events from its creative space in Penryn.
This access to expertise and state-of-the-art to facilities will enable them to accelerate their growth through the co-creation of new products, services, and processes, ultimately improving their efficiency, resilience, and overall success.
Professor Emma Hunt, vice-chancellor and chief executive of Falmouth University, said: “As Cornwall’s university, Falmouth is committed to supporting the growth of the local economy. I welcome this new era for Launchpad, that, thanks to funding from the UK Shared Prosperity Fund, will mean we can share our knowledge and resources and provide new capacity and capabilities to support businesses in Cornwall to expand, diversify or create something new, generating increased job opportunities and improved productivity.
“Launchpad Futures will not only provide a platform for regional businesses to collaborate and innovate but also offer a unique opportunity for Falmouth University’s creative and collaborative community to engage in Knowledge Exchange that delivers positive economic, environmental, and societal impact for Cornwall.”