The Eden Project reported that it faces of deficit of £6m for the end of the 2013 fiscal year which is its worst ever loss when compared with the surplus of £136,000 that it claimed in 2012. The eco-attraction based in Cornwall stated that its trading loss was overall about £1 which was also much worse than the £3.5m profit that it showed the year before.
According to representatives of the Eden Project, it was hurt this year by the economic downturn combined with the competition from the 2012 Olympics and the poor summer weather. In past years Eden also received funding from the now defunct South West Regional Development Agency. This past December it also emerged that Cornwall Council spent about a million on the project. It also said that it was going to ask last year to receive aid from the Regional Growth Fund.
Eden stated that as a result of the loss of profits it has cut jobs and made other changes to account for their poor performance levels. The project was launched in 2001 in order to showcase case nature inside of greenhouses that are shaped like domes. Tickets purchased at the door per adult cost £25.50 or visitors can purchase an online family ticket that includes two adults and two children for £58. People that cycle, walk, or chose to use public transport to get the Eden Project also receive a discount for making an environmentally friendly choice.
Over the first ten years that it was open the Eden Project received a total of 13 million visitors but during the 2012-2013 period the number of visitors dropped under one million forcing Eden to cut 54 of its 445 staff members.