Plans are underway to establish a low carbon enterprise zone in the Wadebridge area to build broader economic resilience upon the infrastructure that WREN is building in collaboration with key local bodies, particularly the Wadebridge and District Chamber of Commerce and Cornwall Council.
The Wadebridge area has many attributes that render it an attractive nucleus for novel forms of inward investment. Local assets include:
- vibrant community energy programme
- natural environment of remarkable beauty
- high quality education and a consequently high quality potential workforce
- exceptional recreational opportunities including beaching, surfing, boating, the Camel Trail, moorland, and many active sports clubs and facilities
- high value tourism, which is increasingly non-seasonal, supported by annual events including Wadebridge Carnival, Wadebridge Folk Festival, and Royal Cornwall Show
- world class culinary reputation
- characterful and thriving independent retail and business sector
Low carbon enterprise
The Wadebridge area is already exploiting the opportunities offered by the decentralised renewable energy sector. It now offers the prospect of demonstrating the economic benefits that can come from encouraging high value innovation in harmony with the protection of an ideal environment. Aspects of that environment are themselves consistent with the start-up culture we intend to attract. Indeed many such entrepreneurs are surfers!
Other areas of the world have attracted innovative investment simply because the innovators are drawn to settle there. The Wadebridge area has the potential to provide just such a magnet.
It is proposed to establish Phase 1 of the WREN EcoPark upon available and identified employment land, and is to include the following attributes:
- Sustainable construction to the highest energy efficiency standards
- Sustainable district heating
- Sustainable urban drainage and water management
- Local renewable energy with beneficial tariff
- Innovation Centre with University links
The content will include the following forms of commercial activity:
- Delivery of low carbon services
- Energy efficiency
- Generation, both domestic and large scale
- System design in related sectors
- Energy generation and management
- Marine focus upon estuarine applications within SW Marine Energy Park
- Energy from biomass and waste
- Construction and materials for energy efficiency
- System assembly for the low carbon energy sector
- Low carbon hospitality and recreation
- Digital media and creative industries
Attractive to your business?
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