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Falmouth University worth £100m to local economy, says report


Falmouth University contributes £100m to the local economy says report
Falmouth University is worth £100m to Cornwall’s economy every year, the equivalent of around £1 in every £109 produced in the Duchy, according to a new independent economic study.
The report also reveals that by 2030, Falmouth University could contribute as much as £200 million and provide 4,260 jobs in Cornwall.
The study by Hatch describes how the university is adding value to the region as a major employer and purchaser. It found that in 2018/19 the University:
• spent £7m with suppliers in Cornwall
• supported 2030 full time equivalent (FTE) jobs in the Cornish economy
• generated £26m (Gross Value Added) GVA in the Cornwall economy through student and visitor spending ....

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