Coastal Revival Fund

30th May 2018

Coastal tourism is worth around £8 billion to the UK economy each year so it is imperative that the coastal assets and surrounding communities receive the right investment and support.

That is why the Conservative Government is making available a fund targeted at bringing at-risk coastal heritage sites back into economic use.

The investment from the Coastal Revival Fund can help pay for repairs and restoration, or support feasibility studies to help unlock the regeneration of community assets.

Since 2015, the Fund has provided £3.7 million to 92 projects, helping realise ideas and deliver plans that have saved and utilised heritage assets for the benefit of local coastal communities. The realisation of such projects presents the opportunity for our coastal towns to attract investment, diversify their economy and secure their long-term future.

The financial support on offer could start the regeneration of a much-loved building or other historic structure and eligible projects could secure up to £50,000.

The South West coast is already worth £400 million to the economy, offering some of the country's best tourism spots and this fund provides an opportunity for our local communities to boost local growth and jobs by developing under-used assets for public benefit.

Over the years, the South West has received the greatest share of investment from the Coastal Communities Fund and I urge our coastal entrepreneurs, charities and community groups to seize the opportunity offered by the Coastal Revival Fund to help secure a new future for our local coastal heritage.

The closing date for submitting bids is 5 July 2018. Applicants should email the following address with enquiries . Those without internet access can write to me directly at House of Commons, London, SW1A0AA