The teams will receive £10,000 each to start their work and be able to bid for further money from two Government funds.
The teams will co-ordinate the regeneration work of councils, businesses and other groups.
Coastal Communities Minister Mark Francois said: “By bringing together local businesses, local leaders and volunteers in the region, Coastal Community Teams can help tap into their local heritage and make the most of our stunning seaside assets to make a success of the tourist trade.
“The teams can also help ensure local people have the skills and opportunities so that they benefit from the new jobs and investment too.”
The teams covering Hull, Bridlington, Goole, the North York Moors Coast, Scarborough, Whitby and Withernsea, will be able to bid for money from the Coastal Communities Fund and the newly created Coastal Revival Fund.
Historic England chief executive Duncan Wilson said: “Heritage is an integral part of the English seaside; piers, bandstands, theatres and promenades are the backdrop to many happy summer holidays, but these kind of historic buildings often need money to help with repairs.
“Coastal Community Teams have fantastic ideas on revitalising and reusing their most precious buildings and this Coastal Revival Fund offers an excellent opportunity to get those projects up and running.”