Crown Estate Scotland has launched a special fund to help promote the sustainable development of Scotland’s marine tourism sector.
The £3m challenge investment fund will also help aid the green economic recovery for coastal communities who rely heavily on boat-based tourism, by helping them to expand their ability to support the growth of marine tourism in their area, such as new shore-based and harbour facilities.
It is the first of three challenge investment funds set to be launched by Crown Estate Scotland, with schemes for local partnerships and innovation with natural resources to follow. Together the funds will total approximately £9m, and will take the form of direct commercial investments by Crown Estate Scotland.
