Our organisation

URCs are companies approved by the government to drive the regeneration and redevelopment of key towns, cities and regions in the UK. They are independent bodies that combine both public and private support.

One of the reasons for Opportunity Peterborough being established as the UK’s first ‘growth’ URC was to bring a private sector approach to the development of the city. A majority of the directors on our board therefore come from the local business community which is helping us to drive the regeneration of the city’s economy.

We also have senior level representation from our founding partners - Peterborough City Council, the East of England Development Agency (EEDA) and English Partnerships. The government’s department for Communities and Local Government sends an observer to board meetings.

We have an experienced and dynamic management team led by acting chief executive Steve Compton. We are able to call upon the expertise of partner organisations and we have access to both public and private sector funds to pump prime the city’s growth and regeneration.

Our operational funding from start-up to the end of 2007/08 is £2.7 million, not including developments and projects.

Opportunity Peterborough is the trading name of Peterborough Urban Regeneration Company Limited.
Registered in England number 5377004.
Registered office: Peterscourt, City Road, Peterborough PE1 1SA.