Institute of Economic Development Award
December 01st 2017
Strathleven Regeneration CIC has won the ‘Best Implementation’ category in the inaugural Institute of Economic Development Awards 2017.The Institute of Economic Development (IED) singled out Strathleven Regeneration CIC in awarding it the ‘Best Implementation’ prize – a category which recognises those projects where a strategy has been put in place and executed particularly efficiently and effectively – at the IED Annual Awards staged at the IED Conference on 23rd November in London.
IED Chair Bev Hurley said: “We are delighted to recognise Strathleven Regeneration and the Lomondgate project through our ‘Best Implementation’ award. It is richly deserved. The economic development target for the work was to oversee the creation of more jobs than the original redundancy situation caused. The closure of the J&B plant resulted in 470 job losses and the site has now exceeded this by some distance with 757 people directly employed. As a result of this achievement, and through the impressive use of a Community Interest Company, we are absolutely thrilled to present this award to Strathleven Regeneration.”
The Institute of Economic Development (IED) is the UK’s leading independent professional body representing economic development and regeneration practitioners.The IED is committed to demonstrating the value of economic development work for local and regional communities; the pursuit of best practice in economic development and the attainment of the highest standards of professional conduct and competence.