The Scottish Government has agreed on proposals set out in the Hawick Action Plan, which aims to economically boost and regenerate the town.
The plans include the immediate development of key sites. A second phase will now begin, including feasibility studies for some other prominent sites. These second phase sites are presented as priorities for the new South of Scotland Enterprise and Skills Vehicle.
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A spokesperson for the council said: "A significant amount of work has been undertaken by officers in conjunction with the Scottish Government, Scottish Enterprise and Elected Members to prepare the project proposals and we are delighted that the Scottish Government has now released the funding for the immediate development of a number of key sites.
"The funding from the Scottish Government came with a specific focus in terms of its use, which has meant that some projects suggested by the local community were not suitable.
"However, we remain committed to the wider Hawick Action Plan and to working with a range of partners, including key organisations in the town, to revitalise its economy and drive further inward investment and tourism."
(LM)
