Regeneration projects in Wales are being urged to apply to the Coastal Communities Fund which has £3.4 million available from today.
Under the Coastal Communities Fund, which was established by the UK Treasury and devolved administrations, grants of between £50,000 and £300,000 are available to fund projects that boost the economic prospects of coastal communities.
Eligible projects must benefit coastal areas in Wales, promote sustainable economic growth and create or safeguard jobs so people can better respond to changing needs and opportunities.
Projects, which can come from public, private and voluntary sectors, must also do one of the following:
- start or move into a new area of activity or business
- expand the delivery of existing activity or business
- innovate or improve their business model or organisational structure.
Since the start of the Coastal Communities it has awarded 218 grants worth £125 million to organisations across England, Scotland, Wales and Northern Ireland. These projects are forecast to deliver 12,000 jobs opportunities, and help attract over £240 million of additional funds to coastal areas.
Some 39 awards worth £8,160,904 have been awarded in Wales with the programme being delivered in partnership between the Welsh Government and Big Lottery Fund.
Communities and Children’s Secretary Carl Sargeant said:
"We are lucky in Wales to have a truly magnificent coastline with unparalleled views and attractions and there are some excellent examples of this Fund helping to enhance coastal communities from cycling and pedestrian facilities in Porthcawl to creating a visitor hub in Connah’s Quay. I urge communities, entrepreneurs and businesses around Wales to apply for this funding to help to make the most of their areas’ natural features, enhance their potential and drive local growth and jobs."
Sian Callaghan, Wales’ chair of the Coastal Communities Fund, said:
"Coastal Communities share a strong sense of place and this funding has the potential to give areas in Wales a welcome boost by supporting the development of their local economies.
"I would encourage anyone interested to get in touch and see what is available for you and your community."
Applications forms and guidance materials are now available with the deadline of noon on Thursday 29 September 2016 for the first stage of the application process. Grants will be awarded in summer 2017.
For more information visit the Coastal Communities Fund website (external link)