14 February 2012
Waveney MP Peter Aldous today welcomed the announcement of details of the Coastal Communities Fund to help support seaside towns create new jobs and prosperity.

The £23.7million Coastal Communities Fund has been created to provide struggling coastal communities all across the country with money to support new opportunities that can make their town prosper.

A variety of organisations are being invited to apply for the funding to diversify and transform seaside economies by allowing them to rejuvenate traditional assets or exploit new emerging industries.

Seaside groups could use the money to start programmes that can deliver skills training, offer apprenticeships to school leavers, create new workspaces or support small-scale transport improvements.

Successful applicants can expect to get a grant of between £50,000 and £2million.

Mr Aldous said:

“I welcome the creation of this fund aimed specifically at our coastal areas. We have huge potential for growth here on the east coast and this fund can make a real difference.”


The Fund will be financed by the Government from revenues from the Crown Estate's marine assets. The Fund will be UK wide, with funding allocated to England, Wales, Scotland and Northern Ireland on the basis of revenue generated by these marine assets. The Fund will be delivered by the Big Lottery Fund's 'BIG Fund'.