Falkirk Council will receive nearly £2million from the Scottish Government’s Town Centre Fund, it has been revealed.
The new £50million ring-fenced fund aims to drive local economic growth by providing cash for projects to repurpose town centre buildings for retail, business and community enterprise and to improve access and infrastructure.
The fund was announced by Finance Secretary Derek Mackay during his budget statement in December and the Scottish Government has now confirmed that Falkirk Council’s share from it will be £1.976million.
Falkirk West MSP Michael Matheson said: “The health of our town centres is vital to the economic and cultural life of our communities and this significant new investment will make a real difference.
“I’m confident that our council administration will make the most of this funding to ensure that towns across Falkirk district reap the benefits.
“The Town Centre Fund is just one part of a wider package of business support measures in the Scottish Government’s budget that will help drive economic activity and give our local high streets a welcome boost.”