There are currently five pathfinder urban regeneration companies in Scotland. After the Executive's consultation on URCs, Raploch, Craigmillar and Clydebank were designated in June 2004 and all are making good progress against the outcomes and objectives that are set out in their business plans. Two new pathfinder URCs were announced in north Ayrshire and Inverclyde as part of the launch of the Executive's regeneration policy statement entitled "People and Place".
Following the very successful launch by the Minister for Communities, Malcolm Chisholm, of Raploch Urban Regeneration Company Ltd, with its unique holistic approach to regeneration, will the Deputy Minister for Communities outline how that approach might be extended to other important regeneration activities such as those that are taking place in Cultenhove and Cornton in the constituency of Stirling?
The key features of urban regeneration companies are their willingness to focus on geographical areas; to work with the public and private sectors and communities to identify challenges; and to work together towards solutions. That approach is relevant to any service. Of course, very significant funding follows the creation of an urban regeneration company, which ensures that all the money that goes into a community is used rationally with the community's commitment and involvement and to its benefit.