History

Renewal Trust formed as part of City Challenge Exit Strategy.
Local survey of residents to assess support for a Trust - 95% Supported the idea and 34% were interested in being actively involved.
Steering Group involving local people and City Challenge Board members established in 1996.
2 Community conferences held and Community Representatives elected in January 1997.
Trust registered as Company Limited by Guarantee in March 1997.
18 - full directors comprising: -
6 Community Representatives.
6 Private Sector Representatives.
6 Public Sector Representatives.
Mixture of ex City Challenge Board Members and new people.
Formally operating from 1st April 1998.
Launch activities May 1998 - Launch took place on 20th May 1998 - A large community fair was held on Saturday 20th May in the Sneinton Market area. Stalls from local community groups attended.
Anticipated funds - in excess of £1 Million per annum: -
including City Challenge legacy for 80 years.