Johnny Mercer MP urges businesses in Plymouth to bid for transformative government fund to boost coastal economy

PHC Exterior Visualisation 4 SE Rev P1

Johnny Mercer MP urges businesses in Plymouth to bid for transformative government fund to boost coastal economy

Yesterday, the government announced a further £40 million to support communities along Britain’s coastline.

The South West has already benefited from £24,681,227 in the first three rounds of funding and yesterday’s latest round of funding will aim to boost economic growth and jobs in the area by attracting even more visitors to the Great British Coast. Earlier this year, Plymouth City Council secured £2,000,000 from the Coastal Communities Fund, a key part of the finance needed to redevelop the library and museum into ‘The Box’, the new history centre in the City Centre.

Johnny Mercer has urged community groups and organisations in the Plymouth Moor View constituency and across Plymouth as a whole to bid for their share of the Coastal Communities Fund. The fund has already provided £170 million to 278 regeneration projects around the country, and has seen 2 million more people spending an additional £171 million visiting our coastal communities.

With coastal tourism worth around £8 billion in the to the UK economy each year this renewed commitment will allow organisations and business to benefit from thousands of new jobs and millions of pounds in investment.

Johnny Mercer commented:

‘This new funding will help attract even more tourists to our coast and help our seaside towns and coastal areas thrive.’

‘With so many Brits choosing to stay at home for their holidays each year I am pleased that Plymouth has already received a significant share of funding, most recently securing £2 million for the new history centre, ‘The Box’, boosting the local and regional economy, and I would encourage other charities and community groups in Plymouth to see how they could make use of this fund.’

‘Yesterday’s announcement shows that we are delivering for coastal communities and are committed to providing the support they need to thrive.’

 

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Notes to Editors

  • The Coastal Communities Fund (CCF) aims to support the economic development of coastal communities. All projects funded through the CCFare expected to deliver an outcome where coastal communities will experience regeneration and economic growth through projects that directly or indirectly create sustainable jobs, and safeguard existing jobs (DCLG, Coastal Communities Fund, 4 September 2017, https://www.gov.uk/government/collections/coastal-communities-fund)
  • The attached document refers to the most recent announcement of funding awards (Round 4). Yesterday’s announcement relates to the announcement of funding for a fifth round (Big Lottery Funded Projects, Accessed 4 September 2017, link).

 

 

/ Press release

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