In March 2021, businesses voted YES to renewing the BID for five more years until 2026
Northampton Town Centre businesses voted YES to becoming a Business Improvement District (BID) in 2011, and in October 2015 and March 2021 businesses voted YES to renewing the BID.
Businesses across Northampton town centre have voted in favour of renewing their status as a Business Improvement District (BID) – securing a significant £1.5 million to be spent on improving the area over five years.
Resident businesses pay a levy each year which is pooled into a collective pot which is used to deliver the BID events, initiatives and projects in line with the BID Business Plan.
BIDs allow businesses in a defined area and business sector(s) to vote on which additional services they want to invest in, to improve their trading environment.
Northampton town centre BID’s vision is, through a business-led programme of investment:
‘To continue to work with all stakeholders to define, develop and promote the identity of Northampton town centre which reflects its strengths, characteristics and heritage and is a sustainable and vibrant place which generates pride for its businesses, local residents, and visitors.”
The BID’s Business Plan:
- Objective 1 in the plan is to promote Northampton town centre, its business, cultural, leisure, educational and social offer locally and regionally
- Objective 2 in the plan is to create a sense of ‘place’ for visitors and people working in the town centre to enjoy
- Objective 3 in the plan is to encourage growth, development and investment of businesses which complement and build on the strengths of Northampton town centre
We encourage all businesses to take an active interest in determining priorities and planning projects to meet the aims of the BID plan. If you would like to attend any of our sub-groups or have suggestions for future BID projects then please get in touch with Mark Mullen, BID Operations Manager on email@example.com and 01604 837766.