New Delhi: Nine maritime clusters across the UK will receive nearly $1 million in government funding to boost local economies, connect businesses with the industry, and encourage more people to join the maritime sector, Maritime Minister Mike Kane announced, a UK government release stated.
The funding will help the clusters secure investment for local industries and implement skills, training, and educational programs. The release added that the maritime sector is vital to regional economic development, and this targeted support aims to revitalize coastal towns and cities, contribute to the UK’s economy, break down barriers to opportunity, and drive innovation within the sector.
The fund will support local entrepreneurs, leaders, and schools. In Tees, for instance, the £117,000 grant will allow the cluster to hold maritime training and careers events for hundreds of schoolchildren and thousands of school leavers, students, and job seekers. These events will provide skills development opportunities to young people entering the sector and those transitioning careers, ultimately encouraging a larger workforce in the maritime sector.
The £85,000 grant to Maritime UK South West will be used to establish four skills, careers, and diversity hubs and conduct five school and college events reaching an estimated 500 people. This will support and contribute to the development of future maritime jobs.
The cluster in Mersey will receive £100,000 to host an annual innovation showcase to attract foreign investors and stimulate the northwest economy.
The Cornwall Marine Network (CMN) will utilize its £124,100 grant to develop a new and innovative business tool for small and medium-sized enterprises (SMEs) to enhance productivity, profitability, and job creation.
“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,” Kane said. “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.”