Coastal Communities Fund Set To Continue For Redcar
Anna Turley welcomed news that the Government coastal regeneration project is set to continue beyond it's first phase.
The "Coastal Communities Fund" is cash for regeneration for a selected number of seaside towns, Redcar included.
This is a government scheme that aims to reduce unemployment and deprivation, while promoting growth in the economies of the towns, as over 10% of the UK's population live in these coastal areas.
Anna has made it clear though, that the scheme may only continue if this fund is matched by other streams of Government aid, some of which are already at risk themselves.
With regards to the proposed continuation of the regeneration of Redcar, Anna said:
"The scheme has already borne dividends in funding initiatives like environmental improvements in the Coatham area and in developing skills and volunteering opportunities. It has helped the refurbishment of the boating lake and the boathouse at Coatham Boating Lake. Most visibly it has helped to prime the new Redcar Town Centre market. This has had a major effect on the town, with Friday now overtaking Saturday as the main shopping day of the week and several new businesses being attracted to the market.
"This extension of the scheme should now help tremendously with a big venture - the creation of a £1m Catering Academy set in the Kirkleatham Hall Estate. The project will create much-needed jobs and training in the Catering and Hospitality sectors, enhancing the local visitor economy, reducing unemployment and tackling disadvantage by: bringing derelict land within a key historic area back into use after 30 years, providing opportunities for our residents to improve their skills and qualifications and introducing a high-quality, reputable and affordable catering establishment to the local Redcar food economy.
"However this will not be funded by the Coastal Communities fund alone, as it will almost certainly need start up resources from areas like FE funding and European funding - and both of these are at risk with the cash squeeze on post 16 college funding and the continuing threat to quit Europe. It is crucial the government recognize the joined up nature of regeneration for towns like Redcar."