Home   News   Article

Last week for businesses to vote for second Cambridge BID term

By Ben Comber

Cambridge Guildhall. Picture Keith Heppell
Cambridge Guildhall. Picture Keith Heppell

A commitment to invest £4.5million into the city centre over five years has led to the city council announcing its support for a second term of the Cambridge BID.

The BID (Business Improvement District) is seeking to be voted in for a second five year term which would start next year. It is a business-led, independent, not-for-profit company, funded through an annual levy paid by city centre businesses, wich delivers services, including the city's bowler hat wearing ambasadors, and events like the festive lights Big-Switch-on.

Businesses inside the BID district, with a rateable value of more than £30,000, have until November 2 to vote for a new five year term.

Cllr Lewis Herbert, leader of the city council, said:"The city council is backing the BID's proposed second term, as it will bring significant additional investment and community benefits to our great city.

"The BID partnership has already achieved so much in such a short time, working with many organisations including ourselves. We look forward to a successful ballot outcome and to continue to work with the BID, over the next five years, in creating a world class experience for all those who visit, live in and work in Cambridge.

The plan for a second term has been developed following extensive consultations with Cambridge businesses and other interested parties. It outlines how Cambridge BID plans to deliver 'a world class experience for all who visit, live and work in Cambridge, a global city' through delivering projects under three headings: Welcome, Experience and Support.


Iliffe Media does not moderate comments. Please click here for our house rules.

People who post abusive comments about other users or those featured in articles will be banned.

Thank you. Your comment has been received and will appear on the site shortly.


Terms of Comments

We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules.

If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies - Learn More