Our coastal communities are vital to the country\u2019s economy, but they face unique challenges in unlocking their growth potential. That includes renewing the traditional seasonal seaside economy to meet new patterns of visitor demand, as well as encouraging more investment in new high value sectors like marine technology, offshore renewable energy and creative industries.<\/p>\n
Since its launch in 2012 the Coastal Communities Fund (CCF) has provided a valuable source of help to coastal and seaside towns around the UK keen to seize the chance to provide year round jobs and build stronger and more diverse local economies. This report presents the highlights and achievements of the CCF in the three funding rounds between 2012 and 2015. Over this period the Fund has invested over \u00a3118 million in over 200 projects across the UK, attracting over \u00a3240 million of other funding.<\/p>\n
At Summer Budget 2015 the Chancellor announced that the Fund would be extended by another four years from 2017-18 to 2020-21, with at least a further \u00a390 million made available over this period. The Government has now confirmed that the next round of the programme will commence this summer.<\/p>\n