Definitions for "Regional Development Agencies"
are public bodies which aim to co-ordinate regional economic development and regeneration, including housing investment (through Regional Housing Boards – known in the SW as the South West Regional Housing Body).
An RDA is a semi-autonomous regionally based body operating at arms length vis-à-vis its sponsoring political authority. It is a multifunctional and integrated agency, the level of which may be determined by the range of policy instruments it uses. It supports mainly indigenous firms by means of ‘soft’ policy instruments.
Launched in 1999, they 'aim to co-ordinated regional economic development and regeneration, enable the English regions to improve their relative competitiveness and reduce the imbalances that exists within and between regions'. (See