REGENERATION NEWS IN BRIEF: Funding approval has been granted for a £5.5 million ...

Funding approval has been granted for a £5.5 million business innovation centre in Bedford. The East of England Development Agency announced last week that it has approved 80 per cent of the funding for a 3,210 sq m building at Priory Park aimed at providing high-quality space for more than 100 fledgling businesses. Bedford Borough Council will provide the balance of funding for the project, which is expected to be completed by the end of 2004. As well as office space, the centre will also offer advice and access to venture capitalists.

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