Bristol City Centre BID secures second five-year term

Bristol City Centre Business Improvement District (BID) has secured a second five-year term after winning the renewal ballot.

Of the votes cast, 79% of Bristol city centre businesses voted ‘yes’ for a new five-year term of the BID.

BID promises to deliver campaigns, initiatives, partnerships and events in its new term that will help attract business, inward investment and people to the city, and make it a more welcoming and safer place for everyone wholives, works, studies and visits.

Throughout September, levy-paying businesses have been voting on the BID’s ambitious business plan for the next five years and the successful ballot means that the team can continue providing its services to the city centre levy-payers.

Since being introduced in 2017, Bristol City Centre BID has become known for innovative and strategic projects investing the BID levy to support businesses.

Over the last five years, a total of £5m from the BID levy, alongside additional grants and funding to the value of £500,000, has been invested back into the city.

In the new five-year term, Bristol City Centre BID says it promises to build on successes of the last five years as well as identifying new ways to deliver a better Bristol for all.

Vicky Lee, Head of Bristol City Centre BID, said: “We are absolutely thrilled with the result of the ballot and confirmation of a second five-year termof Bristol City Centre BID.

“We have a fantastic opportunity to build on our successes and continue to support city centre businesses, we will do even more to connect and represent the business community across the next five years.

“The BID team is committed to creating a better Bristol for all, a future-focused city that attracts business, investment, and people to create a resilient and welcoming city for all.

“A city where businesses can thrive, people want to live, work and visit, a city that is safe for all to enjoy whatever time of day or night, and a place that is welcoming and appealing to everyone. We look forward to continuing our work for another five-year term.”

To read the full business plan and see what Bristol City Centre BID has planned for the next five-year term, click here:www.bristolcitycentrebid.co.uk/businessplan