100923 | Pioneerium cinema project becomes joint venture | thisiscornwall.co.uk
Entrepreneurs in deal with ING
Following talks with the Dutch real estate firm, members of Hayle Social Enterprise Trust confirmed that the two organisations have agreed on the management format of the proposed joint venture known as the Pioneerium.
Last month the charity, which was set up in March, successfully brought a 3D cinema on wheels to the town to prove the demand for a permanent one was real.
However, ING's announcement last week that the cinema was part of their larger harbour regeneration scheme left some members of the group feeling their vision had been sidelined. Bob Amos, the chairman of Hayle Social Enterprise Trust, said: "Those people who had been working hard to deliver this chance rightly felt that it was opportunism taking place here.
"But the confirmation that ING wish this to be a trust venture is a significant breakthrough as it will bring greatly enhanced social and economic benefits to the town and the region."
The trust's Pioneerium cinema vision also incorporates a leisure and heritage space for the community.
This could include a restaurant serving locally produced meals, a training academy for budding 3D cinema producers, a climbing wall and even a tourist information centre.
ING and the trust will now undertake a feasibility study into the possible sites and explore further what the complex could offer.
Mr Amos continued: "We have a talented and tenacious board of trustees who will continue to work hard to ensure the best possible deal for our deserving community."
A spokesman has confirmed that the two parties will work together on the feasibility study and business plan.
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Pioneerium cinema project becomes joint venture
Following a series of talks with the Dutch real estate, members of Hayle Social Enterprise Trust confirmed that the two organisations have agreed on the management format of the proposed joint venture known as the "Pioneerium".
Last month the charity, which was set up in March, successfully brought a 3D cinema on wheels to the town to prove the demand for a permanent one was real.
However, ING's announcement of last week that the cinema was part of their larger harbour regeneration scheme, left some members of the group feeling their vision had been sidelined. Bob Amos, the chairman of Hayle Social Enterprise Trust, said: "Those people who had been working hard to deliver this chance, rightly felt that it was opportunism taking place here.
"But the confirmation that ING wish this to be a trust venture is a significant breakthrough as it will bring greatly enhanced social and economic benefits to the town and the region."
The trust's "Pioneerium" cinema vision also incorporates a leisure and heritage space for the community.
This could include a restaurant serving locally produced meals, a training academy for budding 3D cinema producers, a climbing wall and even a tourist information centre.
ING and the trust will now undertake a feasibility study into the possible sites and explore further what the complex could offer.
Mr Amos continued: "We have a talented and tenacious board of trustees who will continue to work hard to ensure the best possible deal for our deserving community."
A spokesman for ING has confirmed that the two parties will work together on the feasibility study and business plan to make sure "everything is as positive as it can be" for the social enterprise trust.
It is hoped that the study will be completed by the end of the year.
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