The Cornwall and Isles of Scilly Good Growth programme has announced a £3 million investment in a trio of pioneering Cornish companies spanning microplastics, composite materials and biotechnology.
Bude-based greentech company, Cleaner Sea Group, will receive £742k towards a £990k project that will convert microfibre plastics into a new material for use in a host of industries.
Piran Advanced Composites (PAC), meanwhile, will receive £649k towards a £984k project that will see the business relocate from three separate sites in Cornwall into a 40,000sq ft former aircraft shelter at Cornwall Airport Newquay, creating an Advanced Aerostructures R&D Facility.
Finally, biotechnology business, Phytome Research Limited, has secured £1.63 million Good Growth investment towards a £2.63 million project to create new research and development facilities focused on hi-tech indoor agriculture.
The project, called SMART-Ag, is a collaboration between Phytome, which has a research campus at Ruan High Lanes, Duchy College Rosewarne and the University of Plymouth. It will support the trialling of new technologies and crop varieties including vertical farming, plant-derived pharmaceuticals and cultivating other high-value chemicals.
