Wildanet
South West
Cornwall and Isles of Scilly Investment Fund
Founded in 2017 with ambitious growth plans, Wildanet’s mission is to bring high-speed internet to rural and hardto- reach areas in the South West.
In 2019 Wildanet was the first equity investment of the Cornwall and Isles of Scilly Investment Fund (CIOSIF), with a £750k equity stake through appointed fund managers The FSE Group.
The investment was match-funded by the FSE Angel network, private investors and Crowdcube as part of a £1.5m package to support Wildanet’s continued expansion. Since then, Wildanet has secured three contracts worth £77million to roll out full fibre broadband to over 37,000 premises across Cornwall and the Isles of Scilly, as part of Project Gigabit, the UK government’s programme to enable hard to reach communities to access fast, reliable gigabit-capable broadband.
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19,000
businesses supported
193,000
jobs supported
£7bn
additional turnover expected to be created
£3bn
additional GVA expected to be created
16,000
new jobs expected to be created