We’re currently in ballot until Thursday 24th February, with the results due to be announced on 25th February.
More than 500 levy-paying businesses within the defined geographical BID area in Newbury Town Centre have the opportunity to vote on our future. The result of the ballot will determine whether our work at Newbury BID as an independent, not-for-profit Community Interest Company will continue for a further five years.
Key town centre stakeholders, West Berkshire Council (WBC) and Newbury Town Council (NTC), have both publicly announced they are in favour of a further BID term, which would ensure Newbury Town Centre benefits from over £1.2m of business investment over the next five years to improve the local trading environment.
Furthermore, West Berkshire Council’s recently published Newbury Town Centre Masterplan lists Newbury BID as a key delivery partner on several projects over the next five years, suggesting the council has confidence in a positive BID ballot result.
In addition to the support of the local authorities, we’ve also got the backing of numerous local independent and national businesses, with many claiming the BID organisation provides ‘good value’ for money, and one business stated the BID is ‘a shining beacon of hope’ for the town.
David Marklew, owner of independent store Inn at Home, said:
Lynne Doherty, Leader of West Berkshire Council, added:
Councillor Billy Drummond, Mayor of Newbury, stated on behalf of Newbury Town Council:
Newbury BID is committed to making Newbury a great place to live, work, visit, and do business. If you run a levy-paying business, your YES vote can help to secure five more years of funding to retain the BID team and deliver projects such as these. All the information you need about when and how to vote is available here.
Our next Victorian Christmas Fayre is already in the diary, provisionally scheduled for Friday 9th – Sunday 11th December 2022. Though if we’re unsuccessful in our upcoming BID renewal ballot for a further 5-year term, this event and many others, including the popular monthly Artisan Market, won’t go ahead.
To find out more about our Term 3 Renewal Ballot and to read the Business Plan, please click here.