The <\/u>Coastal Communities Fund, which is designed to bring economic investment to coastal areas, has been extended substantially, with a chance to bid for \u00a390 million of government funding.<\/u>\u00a0<\/u><\/p>\n
DCLG writes:
\n<\/u>Seaside towns across the country will have a chance to bid for \u00a390 million of government funding under measures announced by the Chancellor in yesterday\u2019s Budget (8 July 2015).<\/p>\n
Ministers welcomed the extension of Coastal Communities Fund to 2020 as part of the government\u2019s long-term economic plan to revitalise seaside towns and unlock their economic potential.<\/p>\n
Launched in 2012, the Coastal Communities Fund has already invested nearly \u00a3119 million on 211 projects local infrastructure and economic projects across the UK. This is helping to create almost 13,700 jobs and provide more than 10,280 training places and apprenticeships.<\/p>\n
Communities Secretary Greg Clark said: Britain has a proud seaside tradition which this \u2018one nation government\u2019 is determined to revive so they can be year-round success stories. Unlocking the economic potential of our seaside towns will create jobs, build infrastructure and boost local economic growth.\u00a0 We know our multi-million Coastal Communities Fund is already having a big impact on communities and local seaside economies, and the extension of the fund will mean other areas will have the chance to bid for funding.<\/p>\n
Coastal Communities Minister Mark Francois said: \u2018I\u2019m delighted our Coastal Communities Fund will continue. This government investment ensures areas can create skilled workers and year round jobs that will build stronger communities and stronger local economies.\u2019<\/p>\n
\u2018This fund, together with the creation of our Coastal Community Teams, will be an important catalyst for change and help secure the long-term future of our seaside towns so communities can drive forward their vision, unleash business opportunities and thrive.\u2019<\/p>\n
19 of the 39 Local Enterprise Partnerships (LEPs) are in coastal areas and as part of the government\u2019s growth deals, more than \u00a3700 million has been committed to projects in these areas to improve transport infrastructure, broadband connectivity, improving flood defences and improving opportunities for local people.<\/p>\n
8 out of the 24 enterprise zones are in coastal areas which offer incentives for businesses to start up or expand including Business Rates relief, superfast broadband and simplified planning \u2013 with a further two prospective coastal enterprise zones in Blackpool and Plymouth announced in the March 2015 Budget. Coastal enterprise zones have delivered more than 5,300 jobs to date and helped to secure nearly \u00a3275 million of private sector investment to coastal areas.<\/p>\n
View the press release<\/a><\/p>\n IHBC newsblogs on coastal heritage\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Coastal Communities Fund, which is designed to bring economic investment to coastal areas, has been extended substantially, with a chance to bid for \u00a390 million of government funding.\u00a0 DCLG writes: Seaside towns across the country will have a chance … Continue reading