North Cornwall MP Scott Mann is urging new businesses to apply to the next round of the Coastal Communities Fund that has already helped over 500 businesses and created over 5,500 jobs. I’m not sure what happened to the funding in Bude. Anyone?
Since 2012, the fund has awarded grants to 295 projects across the UK, totalling over £174 million. Analysis shows this has been money well spent, with every £1 invested having the potential to create an up to £8 boost to our coastal economies.
Cornwall Council received 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 much-needed apprenticeships in an area with higher than average youth unemployment).
Scott Mann MP said:
“The opening up of more funding from the Coastal Communities Fund is very welcome news which could benefit many businesses and communities in North Cornwall.
“The fund has been a great help to North Cornwall communities in recent years and we want to see more of this in the next round of funding. I strongly encourage North Cornwall groups and businesses to apply for this funding so that we can grow our coastal economies.”
Announcing the next round of funding, Coastal Communities Minister Jake Berry said:
“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.”
For more information on eligibility or to apply for the next round of funding, please visit: www.gov.uk/government/publications/coastal-communities-fund-round-5