A new aerospace museum in South Gloucestershire has been awarded two million pounds.
The sixteen million pound project will provide a new home for Concorde.
The money from the LIBOR fund was announced in yesterday's budget after a campaign led by Filton MP Jack Lopresti.
Bristol Aerospace Centre will be built on Filton's historic airfield site.
The Bristol Aero Collection Trust has been awarded £4.7 million from the Heritage Lottery Fund to build a new aerospace centre at Filton Airfield. As well as being used as a museum, the centre will also provide a permanent home for Concorde 216 - the last plane of its kind to be assembled at the Filton site.
Today marks the tenth anniversary of the last-ever flight of Concorde, the supersonic plane, which was designed and built at Filton. Trustees say two-thirds of the £12 million needed for a permanent museum has now been raised. Richard Payne reports.
The dream of having a permanent home for Concorde has taken a major step forward, after the National Lottery agreed to back the project with a £4.4 million grant.
The team behind the plan want to refurbish two World War I hangars on Filton Airfield and turn them into a museum for the jet.
Concorde 216, which was designed and built in Bristol, has sat next to the runway, open to the elements since touching down there after its final flight in 2003.
But now there's real hope that, ten years on, the world's first supersonic passenger plane could finally land a new home.
Nearly £4.5m has been awarded to a Trust in Bristol to build a permanent home for supersonic plane Concorde.
The funding comes from the Heritage Lottery Fund. So far, about £9m has been pledged but the Bristol Aero Collection Trust, who are behind the plans, need £13.5m to complete the musuem in Filton.
The Director of the Trust, Lloyd Burnell, says there's now 'real momentum' behind the project, which could be completed by July 2016.
The Director of the Bristol Aero Collection Trust says he is 'delighted' that plans to build a £13.5m Aerospace Centre in Filton has received initial support from the Heritage Lottery Fund.
The Centre will provide a heritage centre, technology learning centre and a permanent home for supersonic airliner Concorde, which was largely built and designed at the Filton site.
Plans to build an Aerospace Centre in Bristol have received initial support for a £4.4m bid from the Heritage Lottery Fund.
Bristol Aerospace Centre, which will be located on Filton Airfield, will create a permanent home for Concorde which was largely designed and built at the site.
The £13.5m project will also provide space for a heritage museum, technology learning centre, outdoor play areas and event spaces.
The Bristol Aero Collection Trust, who are behind the project, have been awarded £243,600 in funding to progress its plans.
A preservation group dedicated to saving Concorde has reacted angrily to news that its offer to house the historic aircraft has been turned down.
The Save Concorde group says it could build a basic hanger far quicker and cheaper than current proposals for a museum at Filton, where the last Concorde to fly has been standing outdoors for the past ten years.
Instead the owners, British Airways, are backing a rival bid for a £12 million scheme now the subject of a revised application for lottery money.