Farmers wanting to set up or expand a business in Cornwall are being urged to take advantage of interest-free loans before the Objective One project closes.

The South-West Investment Group (SWIG), which specialises in providing help to businesses which benefit the local economy, has £600,000 of investment available until the end of this year.

Individual projects can receive up to £50,000 interest-free, and all the funds are likely to be allocated by September.

The scheme, which has also received investment from Cornwall County Council, has so far awarded nearly £3 million to 220 businesses, helping to generate an additional £12m in sales turnover and creating over 400 new jobs.

Eligible businesses include online marketing ventures or new diversified enterprises, but not primary agriculture.

For more information contact SWIG, via email or telephone 01872 223883.