Working with vulnerable adults and supporting strong family relationships, a Community Interest Company (CIC) has seen its turnover double since moving operations to the Health and Wellbeing Innovation Centre (HWIC).
After establishing itself at HWIC in Truro, Inspire Cornwall CIC is now set to move on to larger premises, employ 11 permanent members of staff and launch its own nursery and apprenticeship and training programme.
Inspire has been awarded £50k match funding through the Grow on Growth Fund, which is directly aimed at supporting businesses when they leave business incubation centres.
Inspire plans to put the fund towards the set-up cost of its new nursery and training programme at Heartlands, Pool.
Inspire Cornwall CIC director, Julian Bose, said: “We never would have been as successful as we have been if it wasn’t for the Health and Wellbeing Innovation Centre. Moving to the centre was the best move we could have made.
“If we weren’t based at the Innovation Centre, we would have only been able to focus on one project at a time instead of simultaneously managing a number, and we would never have got to this point at such an early stage in our business development.”
The Health and Wellbeing Innovation Centre, along with its sister centres Pool Innovation Centre and Tremough Innovation Centre, are operated by Plymouth University with the support of GAIN, the Growth, Acceleration and Investment Network, which aims to boost business growth and job creation in the south west.