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Recovery and renewal on the Clyde

Launch of £10 million fund.

The mission to make the area around the River Clyde an engine of sustainable and inclusive growth and kick-start its economic recovery has been bolstered by the launch of a new fund.

The £10 million Clyde Mission Fund is now open to applications for capital funding projects that will create green jobs and benefit communities along the Clyde. It will support economic and infrastructure developments, and improvements to buildings, facilities and the environment.

The fund will also help capitalise on the unique opportunities and competitive advantage of the river and immediate surrounding area.

Economy Secretary Fiona Hyslop said:

“The river has great potential with its existing company and skills base and world-class universities on its doorstep. Despite these assets, areas around the river continue to suffer disproportionately from deprivation and have been hit hard by the pandemic.

“The Clyde Mission Fund will support projects that will create jobs, benefit places and communities and support Scotland’s environmental ambitions as we work with our partners to build a stronger, fairer, greener Clydeside.”

Background

More information on how to apply to the Clyde Mission Fund will be available here shortly.

The Programme for Scotland 2020-2021 committed £35million to the Clyde Mission.

  • £10 million to support capital projects such as construction and physical and environmental improvements
  • £25 million over the period 2021-26 to support zero carbon energy infrastructure and heat networks for residential and commercial premises along the river

The Clyde Mission covers the area either side of the river from the tidal reach of the Clyde near Clyde Gateway in the east of Glasgow through to the opening of the river between Gourock and Dunoon.

The Clyde Mission is led by the Scottish Government in partnership with local authorities (Glasgow City, South Lanarkshire, Inverclyde, West Dunbartonshire, Argyll & Bute and Renfrewshire), Clyde Gateway, Scottish Enterprise, Scottish Environmental Protection Agency, Transport Scotland, the University of Glasgow and the University of Strathclyde.

Channel website: https://www.gov.scot/

Original article link: https://news.gov.scot/news/recovery-and-renewal-on-the-clyde

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