Saturday, December 28, 2013 - 12:12

Following today's story about Cornwall Council funding, the Eden Project has released the following statement:


There has been a substantial return on investment in the Eden Project. Eden has so far produced an economic benefit of more than £1.2 billion for the wider Cornish economy and provides nearly 400 full-time equivalent jobs at our site near St Austell. On top of this, Eden has been credited with creating more than 2,000 new jobs elsewhere. It is correct that since 2009 Eden has received £345,000 of grants directly from Cornwall Council to support the creation of new projects - projects which otherwise may not have been undertaken.  We are grateful for this investment at a crucial time in our development but would like to make it clear that it would be fundamentally wrong to suggest that Eden's core business is dependent on local authority funding. Since the project became active it has consistently generated more than 85 per cent of its annual turnover from trading. The remaining funds come from a mixture of sources including charitable trusts, individual donations, government and lottery grants.  This is a funding mix that is found in many charitable trusts in the UK.