Coastal Communities Fund launch – boatloads of cash for small towns?By Jamie • Feb 9th, 2012 • Category: frontpage, News
Town partnerships, social enterprises, charities and voluntary organisations in coastal areas be aware – the Coastal Communities Fund will open for initial expressions of interest soon.
There’s a lot of money available – the Government wants to “help coastal communities unleash their growth potential” and the fund, which was announced in July 2011, will be equal to 50 per cent of the revenues generated by the Crown Estate’s marine assets. The Government has committed £23.7m to support this Fund in 2012/13.
Designed to support the economic development of coastal communities by promoting sustainable economic growth and jobs, the fund’s launch prospectus is now available from the Communities and Local Government website. Its timetable suggests that a formal call for expressions of interest will be made on 5th March – with a deadline of 30th of March to submit these.
Organisations making a successful expression of interest will then have until either May or September 2012 to make their full application (depending on whether they are on the proposed ‘Fast Track’ timetable – see the prospectus). More guidance on how to make a bid to the Fund is due to be issued by the Big Lottery ‘Big Fund’ shortly.
Chris Wade, Chief Executive of Action for Market Towns, said: “The fund can be used to provide a welcome boost to sustaining the economy of coastal towns hit by struggling local industries and reduced visitor spend. We welcome the Fund and will be working to support AMT members in taking full advantage of the opportunity.”
Meanwhile towns interested in the Fund might wish to book out the 17th April in their diaries. AMT will be running another of our extremely popular Getting to Grips with Localism and Neighbourhood Planning events – this time in Dawlish, Devon. In addition to extensive content about community led and neighbourhood planning, this 17th April event will include a coastal twist. Click here for further details.
- Department for Communities and Local Government page on the Coastal Communities Fund (from which you can download the launch prospectus)
- Coastal towns who would benefit from some tailored one-to-one support on planning initiatives to help their towns thrive might be interested in our Town MOT service
Jamie is Jamie is AMT's Communications Manager and works for AMT for 2 days per week looking after press, external affairs, website content, social media, marketing, some events and some membership support.
A freelance consultant to charities, social enterprises and small businesses, Jamie co-founded and was managing director of the respected 'New Start magazine' (now owned by the Centre for Local Economic Strategies) and has worked in a PLC. Jamie lives in Sheffield, is an active rock climber and mountain biker, and is a volunteer board member for a local social enterprise.
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