A regeneration partnership for Aberystwyth and its surrounding area
A regeneration partnership for Aberystwyth and its surrounding area
Menter Aberystwyth can undertake a wide range of regeneration activities within the town and its surrounding area. The Board of directors have identified the following four priorities, which will be reflected in the projects carried out by Menter Aberystwyth in the near future:
A Business Plan (PDF 232Kb) has been developed and adopted by Menter Aberystwyth stating how the organisation will operate. Within this Business Plan is an Action Plan full of projects built around the priorities listed above. The Action Plan illustrates the practical work that Menter Aberystwyth will undertake during its first three years of life. Further ideas for projects will be developed along with those listed in the current Action Plan and these will be included in the annual Action Plans developed by Menter Aberystwyth.
Menter Aberystwyth will achieve its aims by gaining the support of the community and using this support to justify funding applications, which will in turn enable us to implement the wide range of projects listed in the Action Plan. Menter Aberystwyth will also be identifying and developing new projects on an annual basis. Some of the projects listed in this year's Action Plan include:
In time Menter Aberystwyth also wish to develop a project in conjunction with all of the Community Councils, and will be looking to consult each and every Community Council about this in the near future.
Menter Aberystwyth is funded by the following: Aberystwyth Town Council, University of Wales Aberystwyth, National Library of Wales, Aberystwyth Business Club and the Welsh Development Agencys Community Regeneration Toolkit. They fund mainly the office costs and Development Officer's salary for a fixed period of three years. During this time Menter Aberystwyth will source funding for specific projects and assist other groups and businesses to do the same. Menter Aberystwyth will also be looking to extend its period of operation by sourcing additional funds, enabling it to continue after the initial three year period. Menter Aberystwyth does not, however, have any money to fund businesses and groups in the area.
Menter Aberystwyth, being a Company Limited by Guarantee, is bound by its Memorandum and Articles of Association. We are also held accountable by all the funding partners involved who require regular updates of project work and financial transactions. The Company Accounts are audited annually and copies of the Business Plan and minutes of board meetings can be obtained if required.
As well as delivering the specific projects listed in the Action Plan, Menter Aberystwyth is able to help other smaller groups in the area to develop their own projects, and point businesses and other groups towards appropriate funding opportunities and available advice.
