The first instalment of funding for the Newhaven Growth Quarter has arrived.
Planning of the project is already well underway and construction is expected to begin in late 2014.
It will include building an extension to Newhaven Enterprise Centre, which will house clean, green and marine small to medium sized enterprises.
Leader of Lewes District Council Rob Blackman said: “This investment will benefit and make a real difference to local people. Newhaven Growth Quarter will support local people back into work, as well as creating a culture of enterprise for young people starting work.
“This is fantastic news for Newhaven and creates a real driver for change, building upon the imminent arrival of the new University Technical College, as well as the proposed EON Rampion Offshore Wind Farm.”
Lewes District Council said a total of £730,000 had arrived from the Government’s Coastal Communities Fund.
In total the council will receive £1.9m for the scheme.
A partnership between Lewes District Council, Basepoint, Sussex Downs College and Sussex Community Development Association will deliver the project.
The construction of Newhaven Growth Quarter will be led by East Sussex County Council’s Capital and Investment Delivery team.
The hope is that Newhaven Growth Quarter will act as a catalyst for growing the emerging “clean, green and marine” technologies sector in Newhaven and the surrounding areas, generating new training and employment opportunities.