Popup Banner Revised

Join Our Exclusive Webinar!

Research Project Writing: Top Tips & Hints

Wednesday 29th May 2024, 2:00 PM (BST)

£90 million to be spent on UK’s coastal businesses

£90 million to be spent on UK’s coastal businesses

Businesses and entrepreneurs across Britain’s coast will soon be able to bid for a share of £90 million in Government funding.

This fund is part of the Government’s plans to help businesses in these areas thrive, with the first round of funding released in 2012.


£120 million has been invested in coastal areas through the fund over the past four years, and bids are now open for the latest round of funding until 30th June 2016.

A wide range of companies, including councils, coastal communities, private sector companies, social enterprises and voluntary and community sector organisations will be able to access grants of between £50,000 and £4 million.

Communities Secretary Greg Clark has urged coastal businesses and entrepreneurs to get involved, stating that the British coast has “enormous economic potential.”


David Morris, MP for Morecambe and Lunesdale (one of the areas that will be covered), welcomed news of the funding.

He said that he is “delighted” that entrepreneurs are being provided with the opportunity to “flourish” through applying for the funding.

“I am delighted that this Government remains committed to coastal communities by announcing a new tranche of funding and the Government continues to recognise the unique barriers that can be there in a coastal area,” he said.

Other News

The impact of the Brexit deal on the accountancy sector

After months of uncertainty and political wrangling, a Brexit deal was finally announced on Christmas Eve 2020. The deal includes…

5 Essential elements of a winning business development plan

The first step to building or expanding a business is creating a concrete business development plan. Entrepreneurs will find plenty…

How strategic business planning can help you through 2020?

Every business operates with the goal of growth, but only a few manage to beat the competition at every curve.…

Back to top