Regional development agencies and the Local Democracy, Economic Development and Construction Bill - Business and Enterprise Committee Contents


Memorandum submitted by Aldeburgh Music

  I am writing in response to your enquiry into the effectiveness of RDAs. I do not know much about the general area of RDAs, however, I can share Aldeburgh Music's experience of working with the East of England Development Agency (EEDA), which may help to answer some of the areas of your investigation.

  By way of background, Aldeburgh Music is an international music organisation providing performances, professional development for musicians and education work. We are based in a rural area on the Suffolk coast. We are in the latter stages of a £16m development to create new rehearsal and performance facilities. An independent economic impact study before the project calculated that this project will create 50 direct and indirect jobs and an increase in net household income in the area of over £1,000,000 per annum. The early signs are that these targets will be exceeded.

  EEDA have played a crucial role in enabling this project to happen. As a major infrastructure project in a rural area, early on in the project, we lacked credibility in terms of being able to raise money, as there is a pre-disposition that somehow non-metropolitan projects are cheaper and worthy of less support than similar urban- based schemes.

  In conjunction with Arts Council England, EEDA realised that a strategy of targetted investment in key regional arts projects could bring significant economic gains to the region. This strategy led to EEDA becoming an early investor in our project, at the critical moment when we needed money to pump prime the project and win us the credibiity we needed to fundraise from the private sector.

  This meant two cruical things for our project, without which we wouldn't have got off the ground

    1.  we were able to acquire the land required for our development, before we had to launch a general campaign

    2.  that EEDA's imprematur on our project was a catalyst for support from the private sector. This has been instrumental in our raising £9.5 million of support from the private sector—an unprecedented amount for a non-metropolitan arts project.

  This is only one example but I do believe that when well run, as EEDA is, with a clear focus on priorities and where to invest, RDAs can make a significant difference—in our case the difference between a project happening or not. To my mind this seems to justify the investment that central government makes to the RDAs.

1 October 2008






 
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