Skip to content
Sign up to our: Newsletter | Newsfeeds

Cabinet Secretary congratulates Bridgend on its BID to boost the local economy

Communities and Children Secretary, Carl Sargeant, has congratulated 348 businesses in Bridgend for working together to establish a Business Improvement District (BID).
Monday 08 August 2016

The Welsh Government has provided £203,000 to support the development of 10 BID proposals in Aberystwyth Pontypridd, Abergavenny, Pant & Merthyr Industrial Estates, Llanelli, Neath, Caernarfon, Bangor, and the Bay of Colwyn, in addition to Bridgend.

Each of the 348 businesses will pay a levy of 1.25% on their non-domestic rates, generating nearly half a million pounds over three years, to be used to:

  • make the town centre more attractive and accessible
  • improve parking and driving in the town centre
  • improve marketing to increase visitor numbers
  • reduce the number of vacant properties
  • enhance the town centre with environmental improvements, reduce anti-social behaviour and increase safety
  • strengthen the voice of business on issues that affect the town centre.

The Cabinet Secretary, said: 

"I would like to congratulate the Bridgend businesses that have worked together on a successful BID.

"Changing lifestyles, more competition, and internet shopping mean that all of our towns have to work differently to remain interesting and vibrant places to visit.

"I am pleased to provide £21,600 to support the creation of this BID."

 

Share

Delicious
Delicious
Digg
Digg
reddit
reddit
Facebook
Facebook
 
About social bookmarking

Related

Links

Business Improvement Districts Wales

Tags

Housing and Regeneration 08 August 2016 Economy South East Wales
 
 

News by date

 
October 2017
M T W T F S S
<< Sep    
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          
Follow us on