The cash injection – which will help fund the construction of the project in Morecambe – was secured after Lancaster City Council was chosen as a recipient of the largest investment possible under the fund.
A total of 111 areas have been awarded funding from the fund, providing investment in communities in a bid to create new jobs, drive economic growth and spread opportunity more equally.
The funding allows the project to move into its next phase and begin the process of finalising the remaining £50m needed from private and philanthropic sources identified as part of the bidding process.
Preparatory ground work will now be undertaken on the site on the Morecambe seafront, a vital prelude to construction beginning.
An expanded project delivery team will be created in preparation for the construction phase with details of the first round of recruitment to be announced soon.
Around 300 green jobs will be directly created by Eden Project Morecambe, with more than 1,000 additional new jobs supported in the region.
Annual visitor numbers are projected to be 740,000 and additional revenue brought into local businesses due to Eden Project Morecambe is set to exceed the £50m government investment within months of the project opening.
Rob Chatwin, group chief executive of the Eden Project, said: "This is a historic moment for the town of Morecambe and the surrounding area and for the Eden Project and our partners."
