Northwest Urban Investment Fund Announcement and Partner Briefing

Date: 
Fri, 11/12/2009

This event is being held at One Central Park, Manchester on 11 December 2009. Set up by the Northwest Regional Development Agency (NWDAi) with funding from the European Regional Development Fund (ERDFi) programme, the Northwest Urban Investment Fund is a £100 million fund to help support urban development projects in the Northwest of England. The Fund is made up of £50 million ERDF and the equivalent of £50 million from the NWDA, and will be managed by the European Investment Bank.
The fund will provide debt, equity and guarantee investment to support projects that will help unlock and regenerate sustainable developmenti in the Northwest's urban. The initiative is also an opportunity for the region to put a mechanism in place that will ensure we can prolong the benefit of the ERDF programme in the North West by reinvesting the returns from these investments in future projects, thereby creating a sustainable revolving investment fund. For further information please visit: Northwest Urban Investment Fund Announcement and Partner Briefing