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URBACT - Urban Development network programme
The URBACT II network is financed by the Commission under its Territorial Cooperation Objective and will run from 2007 to 2013. The aim of the network is to stimulate innovation in urban regeneration by encouraging towns and cities to identify, transfer and disseminate good practice.
URBACT II follows on from the original URBACT programme, which operated from 2002 to 2006. URBACT provided a mechanism for cities to share their experiences while they ran pilot projects under the Commission's URBAN programmes.
URBACT II is open to all European regions and forms a key part of the Commission's new 'Regions for Economic Change' initiative. The network's total budget is worth some €67.8 million.