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Business >> Business and Regeneration Glossary

Business and Regeneration Glossary

This is a constantly growing guide to some of the terms and phrases used in regeneration.  If there's something that doesn't appear in the glossary that you need explaining please contact us.  Use the following links to jump to a definition:


Area Investment Framework (AIF)

A process for determining the most effective way of deploying regional resources to regenerate the local economy.  Involves totalling the amount of funding an area receives from private, public and voluntary sectors.  This is matched against the needs of the area, highlighting investment gaps and areas of need.  In our case, the area considered is Hastings and Rother.

Community Cohesion

A situation in which a community is bonded by a shared commitment, based on shared social and cultural understanding.  Can also emerge through proactive action or activity.

Community Development Finance Initiative

A CDFI is a sustainable organisation created to tackle financial exclusion and encourage entrepreneurship by making finance available to people who cannot access loans or credit from banks or building societies, usually to achieve explicitly social objectives in disadvantaged areas.

Community Forum

The purpose of a community forum is to act as a sounding board to provide a grass-roots perspective on neighbourhood renewal strategies.

Community Information Centre

A 'shop' in a local setting providing information about community activities, services and programmes.  It maintains and gives out various community resources as well as channelling suggestions form residents and putting residents in touch with local officials.

Department for Communities and Local Government

Sustainable communities are about things that matter to people: decent affordable homes, good public transport, schools, hospitals, and shops; people able to have a say on the way their neighbourhood is run; and a clean, safe environment.  The job of the Department for Communities and Local Government is to help create sustainable communities, working with other Government departments, local councils, businesses, the voluntary sector, and communities.

English Partnerships

The national regeneration agency with an overall aim to achieve high-quality, well-designed, sustainable places for people to live, work and enjoy.  It has its own portfolio of projects and advises the government on the use of brownfield land and helps to create real communities.

The Hastings and Bexhill Task Force

The 2001 partnership that drove forward the initial plans for regenerating Hastings and Bexhill.  Included the South East England Development Agency, Hastings Borough Council, Rother District Council, East Sussex County Council, English Partnerships, the Government Office for the South East, Michael Foster MP for Hastings and Rye and Gregory Barker MP for Bexhill and Battle.

Joined-up Working

When organisations such as councils, hospitals and schools work together to identify and solve local problems.

Local Enterprise Growth Initiative (LEGI)

The Local Enterprise Growth Initiative (LEGI) is a joint programme between the Department for Communities and Local Government, HM Treasury and the Department for Trade and Industry.  LEGI is a neighbourhood renewal programme that aims to increase entrepreneurial activity in the local population; support the growth and reduce the failure rate of locally-owned businesses; and attract appropriate inward investment and franchising - making use of local labour resources.

Local Strategic Partnership

Often abbreviated to LSP, these partnerships are an increasingly important feature of local government. LSPs bring together leaders from the public, private, business, community and voluntary sectors to establish priorities for joint action and develop a long-term strategic framework for the area - a Community Strategy.

Modern Apprenticeships

These are for the under 25s and are at foundation and advanced levels.  Trainees follow a programme designed to complement an employers' induction and the on-the-job training in the workplace.

Neighbourhood Renewal

Programme that harnesses the work of various government departments, public services and the community and private and voluntary sectors to tackle deprivation and make noticeable improvements.

Provides funding for public services in the 88 poorest local authority districts with extra funds to tackle deprivation.  The original £900 million funding has been extended for a further three years and has been increased by a further £975 million.

New Deal for Communities

A government programme to regenerate 39 very deprived areas across England over a ten-year period.

Sea Space

The regeneration company for Hastings and Bexhill set up by the Hastings and Bexhill Task Force in 2003 to coordinate regeneration projects across the town.

Single Regeneration Budget (SRB)

The Single Regeneration Budget (SRB) began in 1994.  The Government provides funding to areas of severe need to improve the well being of disadvantaged groups by supporting community development and involvement programmes.  Initiatives are carried out by local regeneration partnerships.  The priority is to enhance the quality of life of local people in areas of need by reducing the gap between deprived and other areas, and between different groups.

Social Enterprise

Any earned-income business or strategy undertaken by a not-for profit organisation for the purpose of generating revenue in support of its social mission.  Social enterprises usually aim for new and innovative solutions to social problems.

Social Firm

A social firm is a business set up to create employment for an identifiable community or for a specific group of vulnerable people.  Social firms are committed to the social and economic integration of the specific group of people through employment at market wages.  They provide supportive workplaces where the environment provides opportunity and meaningful work.  Social firms are businesses that operate in the not-for-profit sector.  They seek new and innovative solutions to social problems.

Social Regeneration

The process of tackling the social problems that lead to deprivation, such as crime, drink and drugs to achieve a lasting improvement in the area.

South East England Development Agency (SEEDA)

The South East England Development Agency (SEEDA), as the Regional Development Agency for the South East, is responsible for the sustainable economic development and regeneration of the South East of England as the 22nd largest economy in the world.

SureStart

A government programme which aims to give children the best start in life through a mix of early education, childcare and health and family support services.

Sustainable Communities

Places where people want to live and work, now and in the future.  This requires economic viability and provision of high quality services to support a good standard of life for all residents.

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This page last updated: 28/02/2006

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