The Coastal Communities Fund Round 5 is now open with £40 million available for spend from April 2019 to end of March 2021.
A new round of bidding has opened for the government’s fund to promote regeneration and economic growth in coastal towns.
Since 2012, the government’s Coastal Communities Fund has awarded grants to 295 projects across the UK, totalling over £174 million. Analysis shows it is money well spent, with every £1 invested having the potential to create an up to £8 boost to our coastal economies.
Successful projects in Cornwall have included:
- Cornwall Council receiving a £1.95 million grant in 2014 to repair and re-launch the Grade II Listed Art Deco ‘Jubilee Pool’ in Penzance to create an all year round visitor attraction sustaining existing jobs and creating new positions including apprenticeships.
- The Tate St Ives was awarded a £3.87 million grant in 2015 to refurbish and extend the Tate Gallery in St Ives. The new facilities include a new apse gallery connecting the existing gallery to the new extension; a new suite of learning and event spaces; increased capacity for visitors in the reception, cloakrooms, café, new exhibition space, staff accommodation and training space.
I’m delighted to announce that applications are now open for the next round of the Coastal Communities Fund.
Coastal Communities up and down the country from Barrow-in-Furness to Brighton have been boosted by this funding which has spurred inward investment, sustainable growth, new jobs and exciting economic opportunities for local businesses.
By 2020, we’ll have invested nearly a quarter of a billion pounds in our seaside areas, providing thousands of jobs, training places and opportunities along the Great British Coast.