Urban Development Fund

The East Midlands Urban Development Fund (the Fund) is open for business and will support, across the East Midlands region, the development of commercial property focused around innovation, science, technology and growth. The Fund, which is the first regional Urban Development Fund to have been established in England, has been set up to provide funding to commercial development projects which will support lasting jobs across the region. It will invest in opportunities across the urban areas of the East Midlands, many of which have stagnated due to the lack of bank finance resulting from the credit crunch and the resulting recession.

The Fund has already secured £15 million as follows:

• £5 million of the East Midlands Development Agency’s (emda’s) own funding;
• £10 million from the European Regional Development Fund (ERDF)

Individuals, groups and organisations from both the public and private sector with investment ideas are invited to contact Jones Lang LaSalle to further discuss these opportunities:

Jonathan Bull-Diamond
T +44 (0)7740 542 755 - E jonathan.bulldiamond@kingsturge.com

Dan Jones
T +44 (0)20 7087 5146 - E dan.jones@kingsturge.com

For more information or to make an enquiry regarding the East Midlands Urban Development Fund go to the East Midlands Urban Development Fund website.