Local MP Caroline Dinenage has welcomed the decision to award Gosport Town Team 'Partner' status.
Beating off competition from a field of over 300 applicants, the Team will now have access to a specially designed package of support from the Association of Town Centre Management as well as a £10,000 grant.
Caroline said:
"This is fantastic news for our area and recognition that our local team thoroughly deserves. The extra funding and tailor-made support will ensure that parts of the Portas proposal become a reality and will help revitalise our town centre.
This latest announcement continues Caroline's work in promoting the Gosport peninsula as an excellent place to do business and comes off the back of the £25m Enterprise Zone investment announcement and successful Regional Growth Fund bids.