Coastal Communities Fund
The Coastal Communities Fund (CCF) was established in 2012 with the aim of encouraging the economic development of UK coastal communities by awarding funding to create sustainable economic growth, new jobs and creating new opportunities in local areas. Since the fund started grants have been awarded to over 200 organisations across the UK to the value of £116 million. The funds can be used to support both capital and revenue projects and communities are encouraged to match funds with other pots of money.
In the latest announcement 36 seaside attractions across England are to benefit from a record £36 million Government investment to boost growth in coastal areas. In addition, 27 coastal towns and villages across Scotland will also benefit from almost £10m of Government funding.
The projects to benefit include:
- Funding to improve Blackpool’s world famous illuminations.
- An extension to the art gallery in Tate St Ives.
- A refurbishment of Scarborough’s historic market.
- The redevelopment of Rothesay Pavilion.
- The creation of a new Submarine Museum in Helensburgh.
Commenting on the announcement, Danny Alexander, Chief Secretary to the Treasury, said:
‘I created the Coastal Communities Fund because, as someone who grew up on a small island, I know how much difference targeted investment can make to people’s lives. It’s already supported scores of coastal communities from the Highlands of Scotland to the south coast of England.’