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£40m coastal fund open for bids

Words: Laura Edgar
Barrow-in-Furness / Shutterstock

A fund for transforming coastal communities in the UK has opened for a fifth round of applications, says coastal communities minister Jake Berry.

There is £40 million available for councils and organisations to bid for during this round, he announced on a visit to Barrow-in-Furness.

The town has benefited from multiple rounds of coastal communities funding, which has been used to improve business support in the coastal area, from north of Millom across the Furness peninsula to Grange.

Berry said: “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.”

The Coastal Communities Fund supports the economic transformation of coastal communities in the UK by disbursing money towards creating sustainable economic growth and jobs.

Since 2012, the Coastal Communities Fund has awarded grants to 295 projects across the UK, totalling over £174 million. Projects include:

  • A pilot-scale internship scheme in Barrow-in-Furness, placing young people in high-tech firms. This led the OGDEN Trust to agree to fund 60 placements between 2018 and 2020.
  • Cornwall Council received a £1.95 million grant in 2014 to repair and relaunch 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.
  • Northumberland County Council was awarded £1.8 million in 2014 to improve the economy of seafood town Amble, through infrastructure works to transform the town into a visitor destination promoting seafood, attracting new visitors and creating jobs. The project has provided two new restaurants, improved facilities incorporating a Harbour Village with retail space, and enhanced access along the shore.

Funding for round five will cover the period 2019-20 to 2020-21. Funds will become available from April 2019.

More information about the fund can be found on the UK Government website.

Image credit | Shutterstock