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Support for investment districts - Enschede, the Netherlands
Introduction
New entrepreneurs make an important contribution to the dynamics and growth of the local economy. This project is aimed at new entrepreneurship that will contribute to variety and regeneration in the business sector.
Description
The aim of the project is to provide an extra stimulus for entrepreneurship, both starter and recently established enterprises, in the Stedelijk Hart district. The project hopes to guide starter and recently established enterprises towards entrepreneurship.
Approach
District intermediaries will be employed to reach new and recently established entrepreneurs. They will have a boosting role in terms of strengthening the entrepreneurial network. They will also organise meetings to strengthen the contact between existing and starting entrepreneurs. The district intermediaries will source possible business accommodation for starter and recently established enterprises and provide them with information about the entrepreneurial climate in the neighbourhoods in the Stedelijk Hart district.
Results
An estimate of output has been made on the basis of experience data and an analysis of the number of inhabitants and firms in the district. Apart from 34 new starters, the aim is to achieve 60 entrepreneurial plans on an annual basis, to start 300 business contacts and set up 15 property plans. Output can also be translated into the number of work places created. It is expected that the new businesses will be mostly one-man enterprises at the start, so that an estimated 34 work places will be created over a period of one year.
Resources used
European subsidy: € 185.592
Total cost: € 530.264
EU involvement
This project has been partially funded with Objective 2 funds. Since 2000 nine cities have been eligible for the Objective 2 Urban Areas in the Netherlands programme, which forms part of the European Fund for Regional Development (EFRD) of the European Union. EFRD is one of the four Structural Funds of the European Commission. The programme helps cities to carry out projects that benefit disadvantaged areas.
In the Netherlands, total European Objective 2 subsidies concern 192 million euros. 4.25% of the Dutch population lives in the selected areas.
The European Commission prescribes that for every euro from the EFRD, a minimum of one euro must be contributed from the government. The cities must therefore add their own public or private funding to the European subsidy. The European programme is linked to the urban plans agreed within the context of the urban policy of the Ministry of the Interior and Kingdom Relations. For this, the cities can make use of funds that have been allocated to them in the context of the national urban policy.
Contact info
Enschede Stedelijk Hart - local programme management
Phone: +31 53 4818532
Project start date
01/01/2004
Links
City of Enschede

Document type
case
Themes
Urban Policy > Economy knowledge & employment > Urban economy
Keywords
Business support
 


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