Nottingham BID gets five more years
The Nottingham Business Improvement District (BID) has secured the votes required for a new five year term from 2021 to 2025, having received the backing of businesses in Nottingham.
Some 92% of eligible businesses voted in favour by number, with 89% voting in favour by rateable value, on a 46% turnout.
As soon as the new term comes into effect on 1 April 2021, the organisation will commence work on delivering the goals it set out in its new business plan. This will focus on four key strategic areas that have already seen great success in recent years – those being Promoted City, Managed City, Working City and Independent City.
Lucy Stanford, manager of Nottingham BID, said: “We are absolutely delighted to have secured a new five year term to carry on our work on behalf of businesses in the city. We are honoured to have received such strong support, especially in a year that has proven to be so challenging for so many.”
“We understand that now more than ever we are under pressure to deliver our ambitions on behalf of the businesses of Nottingham and we look forward to getting to work on delivering those ambitions as of 1 April 2021. Whilst 2020 has been a year of unprecedented difficulties, we believe the future of Nottingham is bright. We would like to thank all those that voted in the ballot and we look forward to working with everyone over the next five years.”
Stephen Jackson, a director of Nottingham BID added: “On behalf of the board, I’d like to thank businesses for their continuing confidence in us; to our stakeholders, such as Nottingham City Council for their support; and for the incredible efforts of Lucy Stanford and the team at the BID office.”
