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F I N A N C E I N C O R N WA L L 2 0 1 9
S E S S I O N 3 - A G R E AT P L A C E
TO D O B U S I N E S S , H O S T E D
B Y C O R N WA L L T R A D E &
I N V E S T M E N T
Cornwall: a great place to do business
Cornwall Trade & Investment
Supporting inward investment and trade in Cornwall
www.cornwallti.com
THANK YOU AND WHAT NEXT?
B U T F I R S T A F E W S L I D E S W I T H B U S I N E S S S U P P O R T /
N E T W O R K I N G O R G A N I S A T I O N S
Richard Wadman, Corporate Finance Director
Organisation Cornwall Development
Company
Agri-tech Cornwall
Innovation Grant Scheme
Marine-i
Cornwall Development
Company in partnership
with WEAF
Aerospace Cornwall
What we do Agri-tech Cornwall is a £10m
ERDF initiative working to drive
the development of the Agri-tech
sector in Cornwall and the Isles
of Scilly
Marine-i is an ambitious
programme designed to enable
innovation in the marine technology
sector in Cornwall and the Isles of
Scilly. The sector has been
identified as an area of high growth
potential for the region
The Aerospace Cornwall
programme aims to increase the
size and capability of the local
aerospace and space clusters and
secure ongoing investment in them.
Website www.agritechcornwall.co.uk www.marine-i.co.uk www.aerospacecornwall.co.uk
Here today Caroline Hanlan
Contact details 01872 322672
agritech@cornwalldevelopmentc
ompany.co.uk
01326 255 572
info@marine-i.co.uk
01209 614047
aerospace@weaf.co.uk
Organisation
Cornwall Healthy
Workplace Award
Programme
Growth & Skills
Hub
Community Led Local
Development
What we do Assists in recognising priorities
and providing solutions to
addressing any highlighted
issues specific to the company
and the working population
The Growth & Skills Hub offer
free business and skills reviews
to help companies find the right
support and training
opportunities to work smarter
and grow
An EU funded programme supporting
businesses and people to gain funding
for projects which make a difference to
their communities; helping individuals to
gain confidence and skills, and
businesses to grow
Website www.behealthyatwork.org www.ciosgrowthhub.com www.communityledcornwall.co.uk
Here today Matt Borne Josyanne
Clarke
&
Jon Teague
Contact details Natasha Howard
Natasha.howard@cornwall.gov.uk
07966 892284
Matt Borne
matt@ciosgrowthhub.com
01209 708660
Josyanne Clark
Josyanne.Clarke@cornwalldevelopment
company.co.uk
01209 615067
Organisation
Department for
International Trade
Access to Finance FSB
Federation of Small
Businesses
What we do Covering all major global markets
our export advice and consultancy
services help you to: identify new
international trade opportunities;
reach customers/business partners
otherwise not accessible;
overcome barriers to market-entry or
expansion; develop an appropriate
export strategy; understand the
competition.
We provide fully funded support to
eligible businesses in Cornwall and
the Isles of Scilly who wish to raise
funding or grants for their business
We offer our members a wide
range of vital business services
including legal/insurance advice
and financial expertise to help
you achieve your ambitions.
Website www.great.gov.uk www.A2fcornwall.co.uk
Here today Colin Piper John Whittaker Ann Vandermeulen
Contact details
ditsw@mobile.trade.gov.uk
01275 370944
info@a2fcornwall.co.uk
01872 300386
ann.vandermeulen@fsb.org.uk
07917628936
@FSBCornwall
Organisation Business Cornwall Cornish Partnerships Tevi
What we do Our magazine and website is
dedicated to providing the latest
Cornish business news and
information to the Duchy’s vibrant
business community
Providing a platform to introduce
and support Cornish companies
from all sectors through a series of
networking events around the
County
Supporting across all sectors to
become resource efficient,
contribute to natural capital, and
bring about the circular economy.
We have expertise and grant
funding available
Website www.businesscornwall.co.uk www.cornishpartnerships.co.uk www.tevi.co.uk
Here today Caroline Hill David Brock
(known as Brock)
Dr Dan
Bloomfield
Contact details caroline@businesscornwall.co.uk
01209 718688 / 07801 981667
cornishpartnerships@hotmail.com
07969 986871
info@tevi.co.uk
07986 511883
Organisation
Cornwall Chamber Acceleration Through
Innovation
(ATI)
Cornwall Trade &
Investment
What we do Support all businesses in Cornwall
and Scilly. Working hard to
improve our county’s economic
prosperity and represent Cornish
business interests on a local,
regional, national and international
level
Offering businesses within Cornwall
and Isles of Scilly support in taking
your ideas from concept to reality. We
offer a bespoke innovation audit,
followed by a minimum of 12 hours of
specialist support with our Business
Innovation Advisors
Providing support to businesses
in Cornwall to explore new
markets for export, and
assisting inward investors
looking to establish a business
in Cornwall
Website www.cornwallchamber.co.uk www.aticornwallinnovation.co.uk www.cornwallti.com
Here today Kim Conchie
CEO
John Hutchings
Innovation Fund Manager
Nicola Lloyd
Director of Trade &
Investment
Contact
details
kim@cornwallchamber.co.uk ati@plymouth.ac.uk
01209 705166 / 07860 756862
info@cornwallti.com
Thank you to session hosts…
The team apply original thinking, pro-active management, creative
finance arrangements and innovative solutions to meet any and all
challenges a transaction, valuation exercise or other due diligence
project, may expose. This has resulted in a very high transaction
success rate, ensuring that we not only complete the deal, but complete
the right deal for you.
PKF FRANCIS CLARK: OTHER SERVICES, INCLUDE..
VAT services
We have a dedicated
team of 15 staff at PKF
Francis Clark who work
solely on indirect taxes
advising clients across the
country on all matters
relating to indirect tax,
predominantly on VAT and
customs duty.
We advise clients on all
aspects of VAT, including
compliance issues relating
to cross-border provision
on goods and services
and consultancy on place
of supply where there are
overseas aspects to
transactions.
Corporate Finance services
Our Corporate Finance experts have extensive
experience, with team members having worked for Debt
and Equity providers including a number of Investment
Banks. The team is the largest in the South West and has
been the most active transactor in the region each year
for the past decade.
Tax advisory services
With 15 specialist tax partners, 40 further senior tax
professionals and a tax practice of well over 120 staff, the
firm’s tax team has strength in depth and breadth. Our
specialist tax consultancy arm provides tax support and
advice to over 400 firms of accountants and lawyers
nationwide, as well as tax support to internal tax functions
for our larger clients.
Cyber security services
In anticipation of the introduction of
GDPR, which came into force in May
2018, PKF Francis Clark got ahead of
the game by achieving a Gold
Standard IASME accreditation and
Cyber Essentials PLUS for cyber
security.
By achieving the Gold Standard we
have also become a Certification Body
and can now help other businesses
achieve IASME and Cyber Essentials
accreditation providing ‘health-check’
and systems testing reviews along with
a range of other cyber services.
Particular areas of expertise that could be drawn on for you would
include research and development, patent box, international tax,
transfer pricing, capital allowances, employment status and taxes and
corporate transactions and structuring.
.
THANK YOU - PRESENTERS
And more…(22 presentations in total, covering ‘full range’ of funding and
business support options)
THANK YOU TO THE PEOPLE WHO MAKE THIS EVENT HAPPEN
PROGRAMME
12.45 – Lunch
13.45 – Sustainability Conference (Cornwall Chamber)
13.45 – Meet the Fund Manager - CIOSIF
18.00 – ROC 5k – Truro
Tuesday 2nd July – Breakfast Briefing (Equity is not just for Punks)
Factsheets and blogs
KEEPING UP TO DATE
NETWORKING AND LUNCH
01392 667000
Exeter
01722 337661
Salisbury
01823 275925
Taunton
01803 320100
Torquay
01872 276477
Truro
01752 301010
Plymouth
01202 663600
Poole
Francis Clark LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other
individual member firm or firms.
© copyright PKF Francis Clark, 2019
You shall not copy, make available, retransmit, reproduce, sell, disseminate, separate, licence, distribute, store electronically, publish, broadcast or
otherwise circulate either within your business or for public or commercial purposes any of (or any part of) these materials and / or any services provided
by PKF Francis Clark in any format whatsoever unless you have obtained prior written consent from PKF Francis Clark to do so and entered into a licence.
To the maximum extent permitted by applicable law PKF Francis Clark excludes all representations, warranties and conditions (including, without
limitation, the conditions implied by law) in respect of these materials and /or any services provided by PKF Francis Clark.
These materials and /or any services provided by PKF Francis Clark are designed solely for the benefit of delegates of PKF Francis Clark.
The content of these materials and / or any services provided by PKF Francis Clark does not constitute advice and whilst PKF Francis Clark endeavours
to ensure that the materials and / or any services provided by PKF Francis Clark are correct, we do not warrant the completeness or accuracy of the
materials and /or any services provided by PKF Francis Clark; nor do we commit to ensuring that these materials and / or any services provided by PKF
Francis Clark are up-to-date or error or omission-free.
Where indicated, these materials are subject to Crown copyright protection. Re-use of any such Crown copyright-protected material is subject to current
law and related regulations on the re-use of Crown copyright extracts in England and Wales.
These materials and / or any services provided by PKF Francis Clark are subject to our terms and conditions of business as amended from time to time, a
copy of which is available on request.
Our liability is limited and to the maximum extent permitted under applicable law PKF Francis Clark will not be liable for any direct, indirect or consequential
loss or damage arising in connection with these materials and / or any services provided by PKF Francis Clark, whether arising in tort, contract, or
otherwise, including, without limitation, any loss of profit, contracts, business, goodwill, data, income or revenue. Please note however, that our liability for
fraud, for death or personal injury caused by our negligence, or for any other liability is not excluded or limited.
PKF Francis Clark is a trading name of Francis Clark LLP. Francis Clark LLP is a limited liability partnership, registered in England and Wales with
registered number OC349116. The registered office is Sigma House, Oak View Close, Edginswell Park, Torquay TQ2 7FF where a list of members is
available for inspection and at www.pkf-francisclark.co.uk. The term ‘Partner’ is used to refer to a member of Francis Clark LLP or to an employee.
Registered to carry on audit work in the UK and Ireland, regulated for a range of investment business activities and licensed to carry out reserved legal
activity of non-contentious probate in England and Wales by the Institute of Chartered Accountants in England and Wales. Partners acting as insolvency
practitioners are licensed in the UK by the Institute of Chartered Accountants in England and Wales. A partner appointed as Administrator or Administrative
Receiver acts only as agent of the insolvent entity and without personal liability. Francis Clark LLP is a member firm of the PKF International Limited
network of legally independent firms and does not accept responsibility or liability for the actions or inactions on the part of any other individual member
firm or firms.

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Finance in Cornwall 2019 - Session 3

  • 1. F I N A N C E I N C O R N WA L L 2 0 1 9 S E S S I O N 3 - A G R E AT P L A C E TO D O B U S I N E S S , H O S T E D B Y C O R N WA L L T R A D E & I N V E S T M E N T
  • 2. Cornwall: a great place to do business Cornwall Trade & Investment Supporting inward investment and trade in Cornwall www.cornwallti.com
  • 3. THANK YOU AND WHAT NEXT? B U T F I R S T A F E W S L I D E S W I T H B U S I N E S S S U P P O R T / N E T W O R K I N G O R G A N I S A T I O N S Richard Wadman, Corporate Finance Director
  • 4. Organisation Cornwall Development Company Agri-tech Cornwall Innovation Grant Scheme Marine-i Cornwall Development Company in partnership with WEAF Aerospace Cornwall What we do Agri-tech Cornwall is a £10m ERDF initiative working to drive the development of the Agri-tech sector in Cornwall and the Isles of Scilly Marine-i is an ambitious programme designed to enable innovation in the marine technology sector in Cornwall and the Isles of Scilly. The sector has been identified as an area of high growth potential for the region The Aerospace Cornwall programme aims to increase the size and capability of the local aerospace and space clusters and secure ongoing investment in them. Website www.agritechcornwall.co.uk www.marine-i.co.uk www.aerospacecornwall.co.uk Here today Caroline Hanlan Contact details 01872 322672 agritech@cornwalldevelopmentc ompany.co.uk 01326 255 572 info@marine-i.co.uk 01209 614047 aerospace@weaf.co.uk
  • 5. Organisation Cornwall Healthy Workplace Award Programme Growth & Skills Hub Community Led Local Development What we do Assists in recognising priorities and providing solutions to addressing any highlighted issues specific to the company and the working population The Growth & Skills Hub offer free business and skills reviews to help companies find the right support and training opportunities to work smarter and grow An EU funded programme supporting businesses and people to gain funding for projects which make a difference to their communities; helping individuals to gain confidence and skills, and businesses to grow Website www.behealthyatwork.org www.ciosgrowthhub.com www.communityledcornwall.co.uk Here today Matt Borne Josyanne Clarke & Jon Teague Contact details Natasha Howard Natasha.howard@cornwall.gov.uk 07966 892284 Matt Borne matt@ciosgrowthhub.com 01209 708660 Josyanne Clark Josyanne.Clarke@cornwalldevelopment company.co.uk 01209 615067
  • 6. Organisation Department for International Trade Access to Finance FSB Federation of Small Businesses What we do Covering all major global markets our export advice and consultancy services help you to: identify new international trade opportunities; reach customers/business partners otherwise not accessible; overcome barriers to market-entry or expansion; develop an appropriate export strategy; understand the competition. We provide fully funded support to eligible businesses in Cornwall and the Isles of Scilly who wish to raise funding or grants for their business We offer our members a wide range of vital business services including legal/insurance advice and financial expertise to help you achieve your ambitions. Website www.great.gov.uk www.A2fcornwall.co.uk Here today Colin Piper John Whittaker Ann Vandermeulen Contact details ditsw@mobile.trade.gov.uk 01275 370944 info@a2fcornwall.co.uk 01872 300386 ann.vandermeulen@fsb.org.uk 07917628936 @FSBCornwall
  • 7. Organisation Business Cornwall Cornish Partnerships Tevi What we do Our magazine and website is dedicated to providing the latest Cornish business news and information to the Duchy’s vibrant business community Providing a platform to introduce and support Cornish companies from all sectors through a series of networking events around the County Supporting across all sectors to become resource efficient, contribute to natural capital, and bring about the circular economy. We have expertise and grant funding available Website www.businesscornwall.co.uk www.cornishpartnerships.co.uk www.tevi.co.uk Here today Caroline Hill David Brock (known as Brock) Dr Dan Bloomfield Contact details caroline@businesscornwall.co.uk 01209 718688 / 07801 981667 cornishpartnerships@hotmail.com 07969 986871 info@tevi.co.uk 07986 511883
  • 8. Organisation Cornwall Chamber Acceleration Through Innovation (ATI) Cornwall Trade & Investment What we do Support all businesses in Cornwall and Scilly. Working hard to improve our county’s economic prosperity and represent Cornish business interests on a local, regional, national and international level Offering businesses within Cornwall and Isles of Scilly support in taking your ideas from concept to reality. We offer a bespoke innovation audit, followed by a minimum of 12 hours of specialist support with our Business Innovation Advisors Providing support to businesses in Cornwall to explore new markets for export, and assisting inward investors looking to establish a business in Cornwall Website www.cornwallchamber.co.uk www.aticornwallinnovation.co.uk www.cornwallti.com Here today Kim Conchie CEO John Hutchings Innovation Fund Manager Nicola Lloyd Director of Trade & Investment Contact details kim@cornwallchamber.co.uk ati@plymouth.ac.uk 01209 705166 / 07860 756862 info@cornwallti.com Thank you to session hosts…
  • 9. The team apply original thinking, pro-active management, creative finance arrangements and innovative solutions to meet any and all challenges a transaction, valuation exercise or other due diligence project, may expose. This has resulted in a very high transaction success rate, ensuring that we not only complete the deal, but complete the right deal for you. PKF FRANCIS CLARK: OTHER SERVICES, INCLUDE.. VAT services We have a dedicated team of 15 staff at PKF Francis Clark who work solely on indirect taxes advising clients across the country on all matters relating to indirect tax, predominantly on VAT and customs duty. We advise clients on all aspects of VAT, including compliance issues relating to cross-border provision on goods and services and consultancy on place of supply where there are overseas aspects to transactions. Corporate Finance services Our Corporate Finance experts have extensive experience, with team members having worked for Debt and Equity providers including a number of Investment Banks. The team is the largest in the South West and has been the most active transactor in the region each year for the past decade. Tax advisory services With 15 specialist tax partners, 40 further senior tax professionals and a tax practice of well over 120 staff, the firm’s tax team has strength in depth and breadth. Our specialist tax consultancy arm provides tax support and advice to over 400 firms of accountants and lawyers nationwide, as well as tax support to internal tax functions for our larger clients. Cyber security services In anticipation of the introduction of GDPR, which came into force in May 2018, PKF Francis Clark got ahead of the game by achieving a Gold Standard IASME accreditation and Cyber Essentials PLUS for cyber security. By achieving the Gold Standard we have also become a Certification Body and can now help other businesses achieve IASME and Cyber Essentials accreditation providing ‘health-check’ and systems testing reviews along with a range of other cyber services. Particular areas of expertise that could be drawn on for you would include research and development, patent box, international tax, transfer pricing, capital allowances, employment status and taxes and corporate transactions and structuring. .
  • 10. THANK YOU - PRESENTERS And more…(22 presentations in total, covering ‘full range’ of funding and business support options)
  • 11. THANK YOU TO THE PEOPLE WHO MAKE THIS EVENT HAPPEN
  • 12. PROGRAMME 12.45 – Lunch 13.45 – Sustainability Conference (Cornwall Chamber) 13.45 – Meet the Fund Manager - CIOSIF 18.00 – ROC 5k – Truro Tuesday 2nd July – Breakfast Briefing (Equity is not just for Punks) Factsheets and blogs KEEPING UP TO DATE
  • 14. 01392 667000 Exeter 01722 337661 Salisbury 01823 275925 Taunton 01803 320100 Torquay 01872 276477 Truro 01752 301010 Plymouth 01202 663600 Poole Francis Clark LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept any responsibility or liability for the actions or inactions on the part of any other individual member firm or firms.
  • 15. © copyright PKF Francis Clark, 2019 You shall not copy, make available, retransmit, reproduce, sell, disseminate, separate, licence, distribute, store electronically, publish, broadcast or otherwise circulate either within your business or for public or commercial purposes any of (or any part of) these materials and / or any services provided by PKF Francis Clark in any format whatsoever unless you have obtained prior written consent from PKF Francis Clark to do so and entered into a licence. To the maximum extent permitted by applicable law PKF Francis Clark excludes all representations, warranties and conditions (including, without limitation, the conditions implied by law) in respect of these materials and /or any services provided by PKF Francis Clark. These materials and /or any services provided by PKF Francis Clark are designed solely for the benefit of delegates of PKF Francis Clark. The content of these materials and / or any services provided by PKF Francis Clark does not constitute advice and whilst PKF Francis Clark endeavours to ensure that the materials and / or any services provided by PKF Francis Clark are correct, we do not warrant the completeness or accuracy of the materials and /or any services provided by PKF Francis Clark; nor do we commit to ensuring that these materials and / or any services provided by PKF Francis Clark are up-to-date or error or omission-free. Where indicated, these materials are subject to Crown copyright protection. Re-use of any such Crown copyright-protected material is subject to current law and related regulations on the re-use of Crown copyright extracts in England and Wales. These materials and / or any services provided by PKF Francis Clark are subject to our terms and conditions of business as amended from time to time, a copy of which is available on request. Our liability is limited and to the maximum extent permitted under applicable law PKF Francis Clark will not be liable for any direct, indirect or consequential loss or damage arising in connection with these materials and / or any services provided by PKF Francis Clark, whether arising in tort, contract, or otherwise, including, without limitation, any loss of profit, contracts, business, goodwill, data, income or revenue. Please note however, that our liability for fraud, for death or personal injury caused by our negligence, or for any other liability is not excluded or limited. PKF Francis Clark is a trading name of Francis Clark LLP. Francis Clark LLP is a limited liability partnership, registered in England and Wales with registered number OC349116. The registered office is Sigma House, Oak View Close, Edginswell Park, Torquay TQ2 7FF where a list of members is available for inspection and at www.pkf-francisclark.co.uk. The term ‘Partner’ is used to refer to a member of Francis Clark LLP or to an employee. Registered to carry on audit work in the UK and Ireland, regulated for a range of investment business activities and licensed to carry out reserved legal activity of non-contentious probate in England and Wales by the Institute of Chartered Accountants in England and Wales. Partners acting as insolvency practitioners are licensed in the UK by the Institute of Chartered Accountants in England and Wales. A partner appointed as Administrator or Administrative Receiver acts only as agent of the insolvent entity and without personal liability. Francis Clark LLP is a member firm of the PKF International Limited network of legally independent firms and does not accept responsibility or liability for the actions or inactions on the part of any other individual member firm or firms.