The Government announced today (7 March 2014) that Minehead, Seaton and Teignmouth have been awarded funding from the Coastal Communities Fund, which helps seaside economies and flood-affected areas.
Initiatives in Minehead, Seaton and Teignmouth are among over fifty projects across the UK that have been awarded a share of £27.7 million of funding.
In Minehead, £332,000 has been awarded to Bridgwater YMCA to establish a training and skills hotel in Minehead offering varied accommodation with multi use space and restaurant provision. It will create 20 new indirect jobs, 30 apprenticeships and 50 traineeships.
In Seaton, £302,000 has been awarded to help regenerate the town by building an interactive visitor centre to tell the story of the Jurassic Coast – Englands first Natural World Heritage Site. The project will create 12 direct and 103 indirect jobs.
In Teignmouth, £1.8 million has been awarded to create an arts and enterprise centre to act as a catalyst for further seafront regeneration, creating 7 direct and 50 indirect jobs.
Welcoming the news, Chris Garcia, Chief Executive of the Heart of the South West Local Enterprise Partnership said:
“This is brilliant news for the coastal projects that have been awarded funding and an opportunity for businesses throughout the Heart of the South West. These projects will promote sustainable economic growth and increase jobs, whilst helping to boost skills that will benefit the whole area.”
Further information on the funding can be found on the UK Government website.