Inverclyde regeneration initiatives to receive £1.6m Scottish Government funding

SNP MSP Stuart McMillan has welcomed funding to support local initiatives in Inverclyde through the Scottish Government’s Regeneration Capital Grant Fund (RCGF).

Schemes around Scotland are to receive a share of £25million from the RCGF – with The Inverclyde Shed awarded £504,804 for their Meet, Make + Share project, and Inverclyde Council awarded £1,184,000 to renovate the King George VI Building in Port Glasgow into a new community hub for Port Glasgow.

The RCGF will support 1,220 jobs and thousands of training places by refurbishing and bringing back into use 26 empty buildings to provide space for community enterprises.

Commenting, Stuart said:

“The Inverclyde Shed is a fantastic initiative which provides vital support for people across Inverclyde so I am delighted that the SNP Government will be providing this extra funding to tackle inequalities and deliver growth. I also welcome the £1.1 million in funding granted to Inverclyde Council to establish a new community hub in Port Glasgow, to be known as KGVI Community Hub, which will replace the existing Clune Park Resource Centre.

“The Regeneration Capital Grant Fund has been vital in supporting community-led regeneration projects and has invested more than £200 million since 2014.

“As we look towards our recovery from the COVID-19 crisis, this investment in our communities will be pivotal. 

“Throughout the pandemic there has been a focus on buying from and supporting local businesses and initiatives, and long may that continue. This latest round of investment will help to support our town centres to build sustainable spaces to support jobs and training.”

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