December 6, 2024
3 mins read

Coastal towns to get nearly £1 million investment  

Putting local people and economic opportunity at the heart, the fund will help local entrepreneurs, leaders and schools. ..reports Asian Lite News

Nine maritime clusters across the UK will receive a share of government funding, helping them secure investment for local industry and deliver skills, training and educational programmes – Maritime Minister Mike Kane has announced. 

The maritime sector is key to unlocking regional economic growth and this targeted support aims to revitalise coastal towns and cities, help build the UK’s economy and break down barriers to opportunity, as well as driving innovation in the sector. 

Putting local people and economic opportunity at the heart, the fund will help local entrepreneurs, leaders and schools. 

For example, in Tees, the £117,000 fund will enable the cluster to run maritime training and careers events for hundreds of schoolchildren and thousands of school leavers, students and job seekers. This will upskill young people looking to enter the sector as well as those looking to transition careers, ultimately encouraging people into maritime.  

Similarly, Maritime UK South West will receive £85,000 to (among other things) establish 4 skills, careers and diversity hubs and run 5 school and college events reaching an estimated 500 people, again supporting and feeding the maritime jobs of the future. 

As part of the government’s mission to drive jobs and economic growth across the country, this latest funding will enable clusters to connect the maritime sector with local businesses, helping to drive private investment into regional maritime. 

Maritime Minister, Mike Kane, said, “The UK is a proud maritime nation, with our coastal communities being vital in unleashing our full potential and unlocking economic growth across the country. By investing in our excellent maritime clusters, we can deliver jobs, skills and training for local communities and turbocharge growth by delivering investment into the sector.” 

In Mersey, £100,000 funding will enable the cluster to establish an annual innovation showcase to attract foreign investors to the region and boost the northwest economy.  

Meanwhile, Cornwall Marine Network (CMN) will use its £124,100 fund to create a new and innovative business tool for SMEs to improve productivity, profitability and job creation.  

This fund, managed for the government by Maritime UK, will bolster the already transformational work delivered by some clusters, with CMN having already added £630 million to the local economy, as well as £42 million of private investment into skills.   

It will also help emerging clusters build up resources, explore networking opportunities, invest in innovation and increase regional activity.   

The announcement comes on the same day as the Maritime UK National Council meeting and as the Maritime Minister welcomes the new Maritime UK Chairman, Tom Boardley, who will take up his post in the new year.     

Chris Shirling-Rooke MBE, Chief Executive of Maritime UK, said, “Today is an incredible milestone for the maritime industry across the United Kingdom of Great Britain and Northern Ireland. The maritime cluster development fund will create a real impact and make a tangible difference to our most precious of places – our coastal communities. Having been on this incredible journey with partners at the Department for Transport for more than 6 years, this labour of love for all of us is a testament to the power of collaboration and partnership. I look forward to seeing all of our maritime clusters thrive and creating those vital jobs and growth where they’re needed most.” 

ALSO READ: Starmer appoints Wormald as new cabinet secy  

Previous Story

Saltmarsh being restored in Devon 

Next Story

Upgrade for MI Battalion at Upavon 

Latest from -Top News

Copycat Diplomacy? Pakistan Sends Bilawal Abroad

India has appointed 7 MPs to present its stance on zero tolerance for terrorism and the Pahalgam attack that triggered Operation Sindoor….reports Asian Lite News In yet another move imitating India’s actions,

Swiss lawmakers urge China to release Panchen Lama

Representative of His Holiness the Dalai Lama at the Tibet Bureau Geneva, Thinlay Chukki, welcomed the strongly worded statement issued by the Swiss Parliamentarians Swiss Parliamentarians from the Swiss Parliamentary Group for

‘South Africa acting under Chinese pressure’

Taiwanese Minister of Foreign Affairs Lin Chia-lung accused South Africa of resorting to “little tricks” under Chinese pressure since last year, alleging that Pretoria has been systematically trying to alter the standing
Go toTop

Don't Miss

India-UK discuss collaboration on climate change and 2030 Roadmap

During the meeting, Environment Minister Yadav recalled the five nectar

King and Camilla to visit Vatican  

They will meet Pope Francis at the Vatican and celebrate