We promote the regeneration of rural and urban environments in the East Midlands. We bring together the region's communities and professionals, sharing and developing their skills and inspiring excellence.
At their meeting this week, the Regeneration East Midlands (REM) Board agreed that the company should cease trading on 31st March 2010.
The reason for this is that there is increasing concern that the funds needed to support organisations like REM and their delivery activities are becoming increasingly scarce. This situation will not ease next year, and is likely to become even more challenging as all partners face mounting pressures on their budgets.
So it is with great reluctance that the Board has decided to take the unpalatable but necessary step of winding the company up. The Board was, though, keen to reassure all partners that we will continue to deliver our activities up to the end of March. They were also keen to thank the Chief Executive and staff for their unstinting efforts in delivering REM’s agenda since the birth of the organisation.
Some of our current activities are funded beyond this current year and we are discussing future possible bases for those services with funding partners and other stakeholders.
If you have any enquiries about this please contact Kevin Edwards, who has been engaged to help the company, its Board and staff through this difficult period.
