CAMBORNE could be in for a £25million windfall from the Government.

Home to Richard Trevithick and today a community of more than 20,000 people, it is one of four towns in Cornwall selected to participate in the Government’s Towns Fund Deal, along with Penzance, St Ives and Truro.

It now has the opportunity to bid for up to £25 million to help fund a bustling town centre economy, with business and leisure opportunities to be enjoyed for current and future generations.

The Towns Fund was launched last year by Robert Jenrick MP. The aim is to help towns to deliver economic growth with a focus on regeneration, improved transport, better broadband connectivity, skills and culture.

Read next: Truro, Camborne, Penzance and St Ives to get Towns Fund millions

George Eustice MP for Camborne and Redruth said: “Camborne has a proud industrial heritage and I took great pride in being able to continue that tradition by working with my colleagues in Government to bring forward this significant investment opportunity for my home constituency.

"We have been very clear from the outset that the Towns Fund should be business-led and focused on generating a positive economic future for Camborne and I look forward to developing a secure future for the area along with my fellow Board members over the coming months.”

Cornwall Council has been acting as the ‘Lead Council’ as part of this process and has appointed a project manager, Chloe Lorraine, to work with the Camborne Town Deal Board to develop a Town Investment Plan, which will set out the vision for the projects the cash will fund.

Comprised of a team of people from the business, community and public sectors, Camborne’s Towns Fund Board has already started work.

It includes representatives of the Business Improvement District, county and town councillors and officers, MP Mr Eustice, Cornwall College, Royal Cornwall Hospitals Trust and others from the private and volunteers sectors.

Read next: MP Derek Thomas on why Helston missed Towns Fund millions

Anna Pascoe, chairman of the Camborne Town Deal Board, said: “I’m thrilled to see the Government acknowledge the many years of hard work on the part of local people in making Camborne the friendly community, which welcomes businesses and charities, locals and visitors to area with the announcement of this new fund."

Vice chairman Dave Biggs added: “The Towns Fund is a golden chance to use government funding to assist in the regeneration of economic activity in Camborne and I'm pleased to be a part of the team to help bring that about.

"It could not have come at a more opportune moment and I look forward to working with partners from all sectors to give Camborne the boost it deserves.”

The funding bid focuses on what Camborne wants its future to look like and the boards want to hear from as many members of the community as possible to shape the strategy.

One of its first priorities will be to ask residents for their feedback through surveys and events.

If you want to find out more or contribute ideas, email CamborneTownDeal@cornwall.gov.uk