The aim of the project is to create small-scale business units for start-ups and developing businesses whilst also preserving the cultural and historical value of the building.

The project involves the renovation of the Oosterveld spinning mill into a business centre for start-ups and developing businesses. The transformation of the building into a business centre will create a total lettable area of 12,425 m2 with room for eighty businesses.

In creating the business centre, it is anticipated that after four years of operation it will house seventy businesses, of which 45 will be start-ups. These businesses will offer employment to at least 140 people.

European subsidy: € 2.337.659
Total cost: € 9.350.638

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.

Enschede Stedelijk Hart - local programme management
Phone: +31 53 4818532

21/05/2004

case

Urban Policy > Urban environment > Cultural heritage

Conservation of historic buildings