UK to Invest in Maritime Clusters to Boost Economy and Create Jobs

The UK government has allocated nearly $1 million in funding to support nine maritime clusters across the country, aiming to boost local economies, connect businesses with the industry, and attract more individuals to the maritime sector. The investment will help secure funding for industries, implement skills training, and revitalize coastal towns and cities.
Share it now

The UK government has allocated nearly $1 million in funding to support nine maritime clusters across the country, as announced by Maritime Minister Mike Kane. This funding aims to boost local economies, connect businesses with the industry, and attract more individuals to the maritime sector. The investment will help these clusters secure funding for local industries and implement skills, training, and educational programs to revitalize coastal towns and cities. The goal is to contribute to the UK’s economy, break down barriers to opportunity, and drive innovation within the maritime sector.

One example of how the funding will be utilized is in Tees, where a £117,000 grant will enable the cluster to organize maritime training and careers events for schoolchildren, school leavers, students, and job seekers. These events will provide valuable skills development opportunities for young people entering the sector and those transitioning careers, ultimately leading to a larger workforce in the maritime industry. Similarly, Maritime UK South West will establish skills, careers, and diversity hubs with an £85,000 grant, while Mersey will host an annual innovation showcase with a £100,000 grant to attract foreign investors and stimulate the northwest economy. Cornwall Marine Network (CMN) will use its £124,100 grant to develop a new business tool for SMEs to enhance productivity and job creation.

Maritime Minister Mike Kane emphasized the importance of investing in maritime clusters to deliver jobs, skills, and training for local communities. By supporting these clusters, the government aims to turbocharge growth in the sector and unlock economic potential across the country. The UK’s coastal communities play a crucial role in driving economic growth, and by investing in maritime clusters, the government seeks to unleash the full potential of these regions.

Source

 

Share it now