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Date published: 26th June 2018

North Norfolk’s four inland market towns - Fakenham, Holt, North Walsham and Stalham - are set to benefit from up to £400,000 of funding to improve their communities.  Each town will be able to bid for £100,000 to spend on projects enabling them to take part in the development of their economic future.

The District Council has allocated £400,000 to the Market Towns Initiative, where each of the four Market Towns will have a budget of £100,000 available to spend during the financial year 2018/19.  Community groups will be able to work together with NNDC to help shape their future through locally managed projects.

A launch event will take place at the Council’s offices on Monday 2 July where local community groups from each of the four Market Towns have been invited to learn more about the Initiative, what the bidding process for the funding will look like, how to make an application, what the criteria will be for an application and discuss any project ideas they might have with others in an informal setting.  

Community-led projects will be supported by NNDC with the intention of revitalising and enhancing the four Market Towns, making them a better place to live, work and visit.  Through funding, advice and support, NNDC will enable local community groups to consider opportunities and submit proposals that will build on the character of each of the Towns.

Leader of North Norfolk District Council and Leader of the Conservative Group, Cllr. John Lee said: “These are difficult times for town centres, this initiative is designed to help support our market towns, to make them more attractive to locals and visitors alike and to support independent businesses. If our market towns thrive it gives a lift to the surrounding villages also. I sincerely hope that all relevant groups in the towns like the town councils and chambers of trade buy into this and make it a success.”

Liberal Democrat Group Leader for NNDC, Cllr. Sarah Butikofer said: “This is an exciting new project that we were delighted to propose additional funding for during the recent budget negotiations. Market Towns are the central hubs for our communities away from the coast, providing important services not only to the Towns themselves but also the villages around them. It is essential they remain vibrant thriving focal points, and we hope the boost we have given this project will enable local communities to implement new ideas for regeneration initiatives and environmental improvements.”

Independent Group Leader for NNDC, Cllr. John Rest said: “Working together with local people to improve the vibrancy of our four market towns with this significant financial investment is a hugely exciting project to be a part of.  I am looking forward to the launch event and learning more about what ideas community groups have for their respective town and how together, we can make improvements that everyone can be proud of.”


Last updated: 4th July 2018