The Northwest Regional Development Agency (NWDA) aims to establish a £46m (50m euro) Joint European Support for Sustainable Investment in City Areas (JESSICA) holding fund to help regenerate the North West’s urban areas.
Following the signing of a Memorandum of Understanding (MoU) with the European Investment Bank (EIB), a JESSICA evaluation study of the North West will now be carried out.
The assessment will establish how the funding can support the delivery of urban regeneration projects in the region and how these projects can help the North West to meet the objectives set for the area in the European Regional Development Fund (EDRF) Operational Programme 2007—2013.
Steven Broomhead, CEO of NWDA, said: “This initiative is an opportunity for the region to put a mechanism in place that will ensure we can prolong the benefit of our ERDF Programme.
“JESSICA will allow us to invest in revolving funding, in addition to the normal single use grants. This might be in the form of equity, loan or guarantee perhaps which can then be re-used on other projects again, and again, extending the life of our European funding and helping us to maintain a level of physical regeneration during the difficult economic climate.”
The North West is the second region in England to sign a JESSICA initiative, following a similar agreement between the EIB and the London Development Agency in December.
The Northwest Regional Development Agency (NWDA) aims to establish a £46m (50m euro) Joint European Support for Sustainable Investment in City Areas (JESSICA) holding fund to help regenerate the North West’s urban areas.
Speaking on the LIFTS podcast recently, Xponential Fitness CEO Anthony Geisler said participation in studio cycling is down globally. Kath Hudson decided to investigate
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of
questions about bodybuilding without machines. Should bodybuilders be limited to just free
weights? Why?
ABC Trainerize, a leading software platform for the fitness industry, recently
ran a webinar for studio and gym owners on how to increase gym revenue
with Gym Launch CEO, Cale Owen.
South Holland District Council has bolstered its successful £20 million UK Government,
Levelling Up Fund bid with a £6 million investment to see the Castle Sports Complex in
Spalding transformed into a health and wellbeing hub to drive positive health outcomes for
residents across the district.
The Northwest Regional Development Agency (NWDA) aims to establish a £46m (50m euro) Joint European Support for Sustainable Investment in City Areas (JESSICA) holding fund to help regenerate the North West’s urban areas.
Following the signing of a Memorandum of Understanding (MoU) with the European Investment Bank (EIB), a JESSICA evaluation study of the North West will now be carried out.
The assessment will establish how the funding can support the delivery of urban regeneration projects in the region and how these projects can help the North West to meet the objectives set for the area in the European Regional Development Fund (EDRF) Operational Programme 2007—2013.
Steven Broomhead, CEO of NWDA, said: “This initiative is an opportunity for the region to put a mechanism in place that will ensure we can prolong the benefit of our ERDF Programme.
“JESSICA will allow us to invest in revolving funding, in addition to the normal single use grants. This might be in the form of equity, loan or guarantee perhaps which can then be re-used on other projects again, and again, extending the life of our European funding and helping us to maintain a level of physical regeneration during the difficult economic climate.”
The North West is the second region in England to sign a JESSICA initiative, following a similar agreement between the EIB and the London Development Agency in December.
The Northwest Regional Development Agency (NWDA) aims to establish a £46m (50m euro) Joint European Support for Sustainable Investment in City Areas (JESSICA) holding fund to help regenerate the North West’s urban areas.
Speaking on the LIFTS podcast recently, Xponential Fitness CEO Anthony Geisler said participation in studio cycling is down globally. Kath Hudson decided to investigate
When a hefty round of investment
coincided with the pandemic, the
CEO of Midtown Athletic Clubs
feared the company – founded by
his grandfather – would go down
on his watch. He talks to Kath
Hudson about the pressure to
keep the business afloat
“Fitstop is growing well. In 2023 it added 45 locations and launched in New Zealand, Singapore and the US. It has grown sustainably and has great founder-led energy”
Consumers’ growing love of strength training is to be welcomed, as this long-neglected modality has a renaissance, however, it’s vital we continue to make the case for cardio
The European fitness sector is beating pre-pandemic numbers according to the 11th annual European Health & Fitness Market Report 2024 from Deloitte and EuropeActive, as Karsten Hollasch reports
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
Phil Heath, professional athlete, bodybuilder and 7x Mr. Olympia, has fielded a lot of
questions about bodybuilding without machines. Should bodybuilders be limited to just free
weights? Why?
ABC Trainerize, a leading software platform for the fitness industry, recently
ran a webinar for studio and gym owners on how to increase gym revenue
with Gym Launch CEO, Cale Owen.
South Holland District Council has bolstered its successful £20 million UK Government,
Levelling Up Fund bid with a £6 million investment to see the Castle Sports Complex in
Spalding transformed into a health and wellbeing hub to drive positive health outcomes for
residents across the district.