- Around 500 locally led projects set to benefit from Community Renewal Fund
- Government funding will help level up and deliver net zero
- Projects include skills training and developing low carbon technology
Skills training for the unemployed and investment in businesses developing low carbon technology are among around 500 projects set to benefit from a £220 million boost for local economies, Levelling Up Secretary Michael Gove announced today (3 November).
The Government is backing 477 locally-led, innovative projects that will help breathe new life into towns, villages and coastal communities across the UK as the Government delivers on its mission to level up the nation and commitment to net zero.
It is the latest significant tranche of funding for Levelling Up following last week’s Budget which saw £1.7 billion from the first round of the UK-wide Levelling Up Fund backing 105 projects, and the first 21 projects benefitting from the £150 million Community Ownership Fund.
Many of today’s successful projects are also supporting the UK’s path to net zero carbon emissions. For example, £434,000 has been awarded to support the seafood industry in Grimsby to modernise, with funding helping the sector reduce its carbon footprint by improving the energy efficiency of its cold storage and transport fleet.
Secretary of State for Levelling Up Michael Gove MP said:
“We are levelling up in every corner of the United Kingdom, backing locally-led projects that will make a real difference to communities and help to deliver our net zero commitments.
“There is incredible talent spread right across our great country and this investment will unlock the opportunities to match.”
Blackpool South MP Scott Benton said:
“I welcome this new funding, which will help communities like Blackpool. This goes to show the Government is keeping its promises to Level Up across the UK.”
Projects being funded through the Community Renewal Fund include:
- £778,638 for Projects in Blackpool
- £470,000 to support local businesses in Blackburn and Darwen adopt low carbon production technologies and become low carbon technology installers.
Today’s UK Community Renewal Fund will pilot imaginative new programmes to boost productivity and grow local economies.
The Levelling Up Fund will invest in infrastructure to support economic recovery, while the Community Ownership Fund empowers communities to take ownership of treasured assets such as local pubs, post offices and football stadiums at risk of closure.
Together, the three funds will level up left-behind areas and unleash the potential of people and places right across the country.
The £220 million funding through the UK Community Renewal Fund will also help local areas prepare for the launch of the UK Shared Prosperity Fund in 2022, the scheme that will see UK-wide funding at least match EU money, reaching around £1.5 billion a year.