CoRE benefits

CoRE will afford a number of national, regional and local benefits. It will:

raise the national and regional profile and advance sustainable refurbishment which is essential to meet national and regional targets for reducing carbon emissions
play a key part in the market transformation of aspects of the building and environment technologies sector - priority clusters for AWM
stimulate renewal in a run-down area of Longton, Stoke-on-Trent, stimulating visitor footfall, new employment opportunities and business activity
stimulate new market growth spurring innovation in product development and diversification into sustainable products
galvanise sector activity by facilitating increased links between industry leaders and SMEs enabling new supply chains, products, services and investment
nurture new channels for business growth by providing practical support to businesses under one roof and linked to an impressive array of partner organisations
provide a new exciting knowledge platform for young and old learners, experienced industry practitioners and trades people to enhance refurbishment skills and to excel with new competencies.

Indicative funding/costs

The estimated capital cost including fees is £7.267m.

Current capital funding sources have been estimated as follows:

RENEW committed - £0.25m

NSRP - £0.75m

AWM - tbc

AWM Priority 1 & 3 - tbc

DCSF (Diploma Exemplar bid) - tbc

Stoke-on-Trent City Council asset transfer of

Enson Works - £0.65m