THE Lancashire business community will be receiving a share of £90million in government funding.

Businesses and communities across the British Coast, including in Morecambe and Lunesdale, could be sailing towards a cash windfall.

Creative coastal entrepreneurs can bid for a share of the £90m in government funding which is available UK-wide over the next four years to support their plans.

This latest cash boost for coastal communities is all part of the government’s efforts to rebalance the economy and help all areas of the country thrive.

Communities secretary Greg Clark said: "Our great British coast has enormous economic potential and we are determined to see it thrive all year round.

"With grants of up to £4 million each available, I’d urge our coastal entrepreneurs and communities to get involved."

David Morris MP for Morecambe and Lunesdale welcomed the news.

"I am delighted that our entrepreneurs are being given the opportunity to flourish by being given the opportunity to apply for extra funding," he said. "I am delighted that this Government remains committed to coastal communities by announcing a new tranche of funding and the Government continues to recognise the unique barriers that can be there in a coastal area."

Since 2012, the government has invested more than £120 million in seaside areas through a dedicated Coastal Communities Fund.

Grants of between £50,000 and £4 million are available to a range of organisations including coastal community teams, charities, councils, development agencies, local enterprise partnerships, private sector companies, social enterprises, voluntary and community sector organisations.

Bids for the latest round in England will close on June 30 this year.