East of England Development Agency

East of England Development Agency (EEDA) is a non-governmental public body and regional development agency for the East of England region in England.It began operations on April 1, 1999, and assumed regional powers from UK Partnerships, the Rural Development Commission, and the SRB Challenge Fund.The total budget for the 2005/06 fiscal year was £140 million.From 2010 onwards, many powers previously belonging to the East of England Regional Assembly were transferred to EEDA and local authorities.The East of England Development Agency was abolished on March 31, 2012. Some of its responsibilities were taken over by relevant Local Enterprise Partnerships (LEPs). Introduced by the government in 2010, LEPs are local authority and business-led organizations aimed at creating jobs and boosting growth in the private sector.