BID meeting a success
Morecambe BID Vice Chair and manager of the Arndale Centre Sue Byers guided those present through what a BID is, where businesses within a defined zone pay 1-2% of their rateable value into a funding pot. A business funded and business led initiative, contributors to the fund then decide together how this money will be spent to improve their town.
The presentation included case studies on how existing BIDs have a positive impact.
For more information about BIDs, contact Vicky or Hannah on 01524 381331.