Coastal Communities Fund launched by government
Tue 26 Jul 2011
A scheme to encourage regeneration and economic growth in coastal parts of the UK has been launched by the government.
The Coastal Communities Fund will support a wide variety of projects, such as renewable energy developments, boosting healthcare provision and making the environment much safer.
Businesses, local organisations, charities and social enterprises are being invited to bid for a share of the cash, which comes from the Crown Estate's marine activities.
Chief secretary to the Treasury said the government is particularly keen to receive "innovative bids" that support the economic development of these areas.
Chancellor of the Exchequer George Osborne added that coastal communities play a "vital role" in securing the wellbeing of Britain.
He said the government is committed to supporting these regions and ensuring they "continue to benefit the whole of the UK".
The move has been welcomed by Southport MP John Pugh, who told the Southport Visiter it shows the government has recognised the "clear opportunities" and "special challenges" faced along Britain's coasts.
Colin Hall, a partner at Winckworth Sherwood Solicitors, commented: "Coastal areas are very well suited to a number of the renewable technologies that the government wishes to encourage and coastal communities will obtain an extra fillip with this incentive."
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