The project, due for finishing in 2014, could give a draft for future farming broadband projects.
The 132m appropriation pot is being common between BT and the European Union.
The supervision mentioned it was "a large step" towards its objective of having the most appropriate broadband network in Europe by 2015.
BT has been beneath pressure to help attain the 30% of homes which, beneath stream plans, will not gain from next-generation broadband services.
The telecoms hulk will give 78m value of funding, with the European Regional Development Fund contributing around 53m - the largest investment of its type done by the EU.
Communications apportion Ed Vaizey mentioned the plan was an critical segment of the UK broadband puzzle.
"The supervision wants the UK to have the most appropriate broadband network in Europe by 2015, so today's statement is a large step towards that goal," he said.
Speaking at the launch of the plan at Newquay's Fistral beach, Ian Livingston, arch senior manager of BT, mentioned the plan will make the county a of the most appropriate related in the world.
"The last third of the UK is positively severe to attain with twine but this plan shows it is possible," he said.
Cornwall Council personality Alec Robertson betrothed it would "create thousands of new work opportunities".
BT mentioned the plan could be replicated in other farming areas of the UK.
"Our doorway waste open to others who are interested to work with us to bring twine broadband to their areas," he added.
Mr Livingston mentioned that if take-up was great in Cornwall it would make "better clarity economically" to enlarge BT's twine footprint to other farming areas.
"We are conversing to a number of local authorities, but there is nothing considerably as desirous as what you are saying in Cornwall," he said.
Only Cornwall and tools of Wales are entitled to EU growth supports so other local authorities would have to elevate appropriation by other means.
Community broadband
Andrew Ferguson, editor of broadband headlines site ThinkBroadband, mentioned it could give a great model for getting next-generation broadband services to farming areas.
"If take-up is good, it might meant BT does other regions on its own," he said.
BT has advance beneath stepping up pressure from opponent firms and residents broadband initiatives.
Some supposed broadband notspots are appropriation their own twine rollouts, undone by BT's insufficient of action.
In Erbistock, nearby Wrexham, BT told villagers it would cost them 550,000 to obtain a broadband connection for 80 houses. Rival Rutland Telecom then quoted 50,000, call BT to reassess expenses and advance back with a figure of 100.
Any skeleton to kindle farming broadband could moreover help bring the UK more in line with European ambitions for broadband.
The European Union wants associate states to give adults with a minimum of 30Mbps broadband by 2020, with all nations gift simple broadband - normally regarded as 2Mbps - for all by 2013.
The UK risks descending tainted of this second aim since it has motionless to check the rollout of simple 2Mbps broadband to all homes until 2015.
BT has moreover been criticised for being late to hurl out twine but Mr Livingston shielded the firm's strategy.
"We are rolling out twine to 80,000 homes a week that is the homogeneous of fibring the entire of Singapore every quarter," he told BBC News.
He moreover mentioned that its twine rollout would fool around a purpose in the govermnent's undertaking to a minimum 2Mb connection by 2015.
"When you put twine in, a few homes will jump from 1Mbps to 40Mbps. A lot of the answer to 2 megabits minimum will be fibre, " he said.
BT has motionless to use a 50:50 blend of fibre-to-the-home technology (FTTH) and the slower fibre-to-the-cabinet technology (FTTC) in Cornwall.
FTTH connects houses and premises to high-speed cables, while FTTC still relies on slower copper cables to link up homes to BT lane cabinets.
Its use of a few FTTH could help win over critics of its stream twine roll-outs.
BT has committed 2.5bn in to next-generation broadband, that aims to attain 70% of homes in the UK. Around a entertain of the homes will be related using the faster FTTH technology.
Other EU countries foster the faster, more future-proofed FTTH technology.
"Changing the proportion of FTTH to FTTC, in addition to stepping up and bringing deliver the amount of programmed FTTH could have a thespian effect," mentioned Steve Powell, product manager of Viatel, a business communications firm.
BT might have found new procedure to give twine in hard-to-reach areas but not all twine projects in the UK are faring so well.
The BBC has schooled that an desirous plan to give cities via the UK with twine via the sewers has strike the buffers.
Wessex Water has pulled out of a commander plan in Bournemouth, saying the financial bestow is not great sufficient for them.
The project, to give over 80,000 homes with fibre, will right away go ahead via the more normal highway of laying cables, with all the associated intrusion of digging up roads.
i3, the definite at the back the FibreCity projects, mentioned that deals sealed with other H2O firms remained secure.
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