Urban Regeneration Companies (URCs) have been established to focus and integrate regeneration strategies for key towns, cities and regions within the UK.

They work in partnership with local authorities, business and community representatives / organisations, Regional Development Agencies (RDAs) and Government in order to produce and co-ordinate a powerful and coherent vision for the future of their areas.

The URCs co-ordinate and facilitate investment and development plans in both the public and private sectors arenas, and also help to attract new investment and development through the promotion and regeneration of their areas.

URCs seek to achieve a radical physical and economic transformation of their areas, through implementation of a shared vision in a way that could not be effectively achieved through individual ad hoc decisions.