Abyssinian Development Corporation New York
Abyssinian Development Corporation (ADC) is a locally based, non-profit community development corporation dedicated to building the human, social and physical capital of the area of Harlem in New York. ADC offers services to the community through five community development initiatives: (1) affordable housing development; (2) social services; (3) economic revitalisation; (4) education and youth development; and (5) civic engagement.
AucklandPlus is the Auckland region’s economic development agency, which specialises in investment promotion and facilitation, including brand building and major project development. AucklandPlus works collaboratively with local, regional and national organisations and business leaders to further develop Auckland’s competitiveness. The aim is to increase overall living standards and opportunities, as well as economic performance.
Barcelona Activa is the local development agency (DA) of Barcelona City Council and was created in 1986. Initially conceived as a business incubator with 14 projects installed, the agency is now the main actor in developing entrepreneurial activity, innovation, professional and career development and employment creation within Barcelona. Each year Barcelona Activa coaches more than 1 400 new business start ups, and more than 350 existing companies are given further consolidation and growth support (European Commission, 2006). The agency is a municipal limited company; a private company, funded and 100% owned by Barcelona City Council.
Bilbao Metropoli-30 (The Association for the Revitalisation of Metropolitan Bilbao)
The Association for the Revitalisation of Metropolitan Bilbao – "Bilbao Metropoli- 30" – was established in 1991. It is primarily concerned with strategic planning, research and promotion and is involved in those projects which aim to encourage the recuperation and revitalisation of metropolitan Bilbao. The association was recognised as a "public utility entity" by the Basque Government in June 1992. Both public and private bodies who work within metropolitan Bilbao can become members of the project as founding, full or associate members. In essence, Bilbao Metropoli-30 is an "umbrella organisation" which consolidates and co-ordinates the actions of a disparate range of bodies which operate across the public and private realms, and across broad spatial scales.
BILBAO-Ría 2000 is a non-profit-making, inter-institutional company which is responsible for large urban regeneration initiatives in the Bilbao area, playing a major role in facilitating land consolidation and development.
Build Toronto and Invest Toronto
In 2008, Toronto Mayor David Miller initiated reviews of both the city’s economic development efforts and the use of its own asset base to leverage investment and maintain fiscal health and a strong balance sheet. Through the Agenda for Prosperity, the city has embarked upon a programme to become a successful global player, and some of the city’s most recent policies articulate this as a vision for Toronto to become a global business city, a hub of environmental innovation, a beacon of diversity and cohesion, and a centre for global education and training. Although by no means a large city region by international standards, Toronto is becoming a leader in the sectors that are increasingly coming to define the 21st century – sustainability, medical innovation, financial services and education.
Cape Town Partnership
The Cape Town Partnership (CTP) was established in July 1999 by the City of Cape Town and key private sector partners to manage, promote and develop the Cape Town Central City. The Partnership’s vision is of an "inclusive, productive and diverse city centre that retains its historic character and reflects a common identity for all the people of Cape Town." A city centre management vehicle, the Central City Improvement District (CCID) was launched by the Partnership in November 2000, as an integrated operation within the CTP, but with a separate board and financing mechanism (CTP, 2006).
Creative Sheffield was the first of the United Kingdom’s new local economic development delivery vehicles – the city development companies and economic development companies (CDCs/EDCs) – to be set up. It was officially formed on 1April 2007 and was designed to "substantially enhance Sheffield’s capacity to develop and deliver economic strategy" (Kerslake and Taylor, 2004). It is a company limited by guarantee, with a high-level board composed of a mix of private and public sector representatives, and is owned by Sheffield City Council and the regional development agency, Yorkshire Forward. Creative Sheffield has consolidated the city’s previously disparate set of development bodies and, as such, incorporated "Sheffield One", the investment agency "Sheffield First for Investment" and the "Knowledge Starts in South Yorkshire" project.
HafenCity Hamburg GmbH
The area known as "HafenCity" is Europe’s largest inner city urban development zone (HafenCity Hamburg GmbH, 2009a). In 1998, the Free and Hanseatic City of Hamburg entrusted HafenCity Hamburg GmbH (formerly GHS Gesellschaft für Hafenund Standortentwicklung mbH) with the development of HafenCity. Hamburg is one of very few German cities undertaking major urban redevelopment. Unlike many city development agencies who act at the city-wide or metropolitan scale, HafenCity Hamburg GmbH focuses only on a highly specific district – the old port area. HafenCity Hamburg GmbH has been tasked with leading the redevelopment through buying back land and buildings in the project area which are not owned by public authorities and relocating companies from the area to other areas in the city, as well as being responsible for developing the necessary physical infrastructure and required amenities so that new spaces (office, residential, shopping, restaurants, culture and leisure) are developed. It oversees the entire development of the area (Bruns-Berentelg, 2009).
Johannesburg Development Agency
The Johannesburg Development Agency (JDA) is a wholly-owned agency of the City of Johannesburg Metropolitan Municipality (CoJ). The JDA stimulates and supports areabased economic regeneration and development initiatives throughout the Johannesburg metropolitan area.
Liverpool Vision was established in April 2008. It brought together the activities of three companies – Liverpool Vision (a pre-existing organisation of the same name), Liverpool Land Development Company and Business Liverpool – and integrates economic and physical development, investment and business and enterprise support within a delivery-focused, private-sector-led company. The establishment of a single economic development company for the city was spearheaded by Liverpool City Council following consultation with business. As well as its support of the business community, the organisation plays a strong role in the domestic and international positioning of Liverpool in conjunction with regional and city regional partners.
Madrid Global (Office for International Strategy and Action)
Madrid, the capital of Spain and the largest Spanish-speaking city in Europe, has established Madrid Global as a special office to take forwards its international relationships and positioning through municipal diplomacy, co-ordination of international projects and initiatives, and leverage of international activities by leading Madrid-based institutions and companies, including global firms, universities and research centres, and inter-governmental and non-governmental bodies.
Milano Metropoli is the Agency for the Promotion and Sustainable Development of the Metropolitan Area of Milan and aims to promote economic and social development in greater Milan. It was formed in early 2005 when the corporate purpose and structure of Agenzia di Sviluppo Nord Milano (ASNM) (North Milan Development Agency) were redefined. It is, however, not only the name which has changed. ASNM was essentially an urban redevelopment agency for the North Milan area, while Milano Metropoli’s work not only encompasses a broader geographical area – the metropolitan area of Milan – but also has a wider remit, focusing on territorial marketing and promotion, supporting strategic economic sectors and carrying out reindustrialisation, urban regeneration and development projects.
New York City Economic Development Corporation
The New York City Economic Development Corporation (NYCEDC) is "responsible for promoting economic growth throughout New York City through real estate development programmes, business incentives and more" (NYCEDC, 2009a).
Formally launched on 8 April 2009, Prospect Leicestershire is a new economic development company (EDC). Prospect Leicestershire was set up by the Leicester City Council and Leicestershire County Council to simplify the current economic development arrangements and to drive forward economic growth across the urban area of Leicester and its surrounding county. The new governance arrangements are underpinned by a GBP 1.36 million revenue budget with GBP 250 000 contributions each from the Homes and Communities Agency (HCA), the City and County Councils, GBP 125 000 from the districts and GBP 485 000 from East Midlands Development Agency (EMDA) (I&DeA, 2009). The organisation will primarily be focused on delivering regeneration, economic development and inward investment initiatives, as well as having steering functions. Prospect Leicestershire takes over the responsibilities of the Leicester Regeneration Company (LRC) and the inward investment arm of Leicester Shire Promotions. The majority of board members are from the private sector and legally the EDC is a company limited by guarantee whose founding members are the City Council and County Councils (Economic Development Company for Leicester and Leicestershire, 2008).
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