"Economic regeneration" refers to the process of improving and revitalizing an area's economy. It involves developing strategies and implementing measures to create new businesses, create jobs, attract investments, and improve the overall economic conditions of a region. The goal is to stimulate growth and improve the quality of life for the people living in that area.
Full definition
Since it opened in February 2000, just before Tate Modern in London, the gallery has become a symbol of the social and
economic regeneration of Walsall.
«That's possibly because the north east is a region which in recent years has benefited hugely
from economic regeneration brought about through investment in the arts (notably the opening of Baltic and the Sage Centre around the same time as the Millennium Bridge was completed — a combination of events which totally transformed this stretch of the River Tyne).
Channel 4 News Culture Editor Matthew Cain: «When it was first announced that the Turner Prize would be traveling to Baltic, there was a lot of discussion about what the Turner Prize could do for Gateshead, possibly because the north east is a region which in recent years has benefitted hugely from
economic regeneration brought about through investment in the arts..
Anywhere but Westminster: Hull is aiming to reinvent itself with a 10 - year
economic regeneration plan and an attempt to become the UK's next City of Culture.
The commissioner has called on the Government's Northern Powerhouse project to give youngsters the same attention
as economic regeneration, otherwise she warned its promise would not be fulfilled.
«This ambitious project will transform this area of Wakefield by using its historic and artistic heritage to act as a catalyst for
further economic regeneration for the city and its surrounding areas.
Music has been a key part of
economic regeneration in the regions and will continue to be - like the amazing arena which is being developed in Leeds.
Chairman Stephen Crow said: «I know that our decisions will cause disappointment to some, not least to authorities who had looked to their casino proposal as a means of alleviating severe problems of deprivation or even improving social conditions and meeting the need
for economic regeneration.
In the case of devolution to UK cities, the key focus seems to be on devolution as a mechanism of
economic regeneration?
Such initiatives, then, would serve a dual purpose: they would reduce the incentive for people to undertake dangerous journeys in the hope of reaching Europe, and they would also contribute to
the economic regeneration of war - torn societies.
This seems to me to be a sure sign that Labour does not really believe in its own talk of
economic regeneration and decent wages since it there were such a process benefits claims would fall dramatically.
Research by the House of Lords highlights that other places around the country — such as within the Northern Powerhouse cities — are worried that the policy could «undermine some areas» initiatives around physical and
economic regeneration» by restricting the provision of essential, quality commercial space.
UKSE, a subsidiary of Tata Steel tasked with assisting
the economic regeneration of communities affected by changes in the steel industry, has provided Education Squared with funding which has supported the initial start - up costs of the business.
For companies that are contributing to
the economic regeneration of an area through employability initiatives or in support of small businesses.
A staunch supporter of Margate's new Turner Contemporary gallery - Tracey Emin is hoping it will play a significant role in the area's
economic regeneration.
Skinder Hundal, is currently Chief Executive of New Art Exchange and his vocational experience and expertise is broad including: community and
economic regeneration; enterprise development; research; business planning and organisational development / strategy; creative production; marketing / PR and audience development, broadcasting and arts administrational work within cross cultural and international arts.
This work continues with our current cultural activity towards building a Renaissance in energy production,
economic regeneration and a cultural renewal.