Falmouth University Embarks on a New Venture – Launchpad Futures to Propel Cornwall’s Business Growth

Image: Falmouth University

Falmouth University has ushered in a promising new phase for Cornwall’s business sector with the introduction of Launchpad Futures. This innovative venture studio and incubator, backed by a significant £1.57 million investment from the UK Shared Prosperity Fund, is set to revolutionise the region’s economic landscape.

Launchpad Futures is designed to provide unparalleled support to Cornwall’s established businesses. By offering access to Falmouth University’s expansive research and development resources, the program aims to drive growth through the co-creation of novel products, services, and processes. This initiative is expected to enhance the efficiency, resilience, and overall success of participating businesses.

Professor Emma Hunt, Vice-Chancellor and Chief Executive of Falmouth University emphasised the institution’s commitment to fostering local economic growth. “Launchpad Futures represents a new era, enabling us to share our expertise and resources more broadly,” said Professor Hunt. She highlighted the potential for increased job opportunities and improved productivity resulting from this collaboration.

Cornwall Council is also playing a crucial role in this initiative. Cllr Louis Gardner, the Council’s portfolio holder for the economy, remarked on the importance of research, development, and innovation in driving business growth and job creation. He views the Council’s support for Launchpad Futures as a testament to their commitment to nurturing economic expansion and innovation in Cornwall.

A key feature of Launchpad Futures will be its series of events at Falmouth University’s Launchpad Building. These events aim to create a dynamic space for businesses to engage with the University and a broader network, fostering a vibrant ecosystem of knowledge exchange and expertise transfer.

This funding boost is not just a lifeline for Cornwall’s business community but also fortifies the University’s ongoing efforts to support business growth. It also facilitates new avenues for collaboration with companies already benefiting from earlier Launchpad investments.

For businesses in Cornwall looking to harness the benefits of Launchpad Futures, further details are available at Falmouth University’s official website. This initiative stands as a beacon of innovation and collaborative growth, poised to reshape Cornwall’s economic future.