|Stockport BID gets Council support - 8th September 2016|
Stockport Council is showing its support for the town centre to be designated a Business Improvement District - Stockport BID - ahead of October's ballot.
Business Improvement Districts are able to generate monies used to fund projects that will help businesses to thrive, attract more visitors and offer a wider choice.
Businesses that fall within the BID area will be balloted in October and able to vote in favour of the BID which will be in operation from April 2017.
More than 200 BIDs are already operating in town and cities across the UK, including Manchester City Centre and Altrincham.
In partnership with Vision Stockport, the Council believes the Stockport BID will enable a wide range of projects and initiatives to be implemented to improve the town centre for everyone.
Councillor Kate Butler, Stockport Council’s Executive Member for Economy & Regeneration, said: “The BID is a new and exciting proposition and offers the council and town centre businesses an excellent opportunity to work even more closely together to make improvements and really help the area come alive.
"The Council has been a major supporter of Vision Stockport in developing the BID and I would encourage all businesses in the BID area to seize the opportunity when their ballots arrive and vote in favour of the proposals."
It will attract more shoppers, offer greater choice and work to create a more exciting evening economy.
The BID will hold new events throughout the year, building upon Stockport’s historic assets as well as more recent happenings such as ‘Foodie Friday’, Stockport Festival and the Stockport Classic Vehicle Show.
By creating a single identity and a central source of information, the Stockport BID will promote Stockport town centre to a wider audience.
What is a BID?
The Council will hold the ballot for the BID between 29th September 2016 and 27th October 2016 and will carry out all necessary arrangements, including collecting the BID levy in the event that the ballot is successful.
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