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Business Improvement Districts Wales

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Minister with responsibility for regeneration in Wales has congratulated a group of nearly 240 businesses in Pontypridd for successfully establishing a Business Improvement District.
Minister visited high streets and town centres in Ammanford, Fishguard and Aberystwyth this week to see how their Welsh Government funded regeneration projects are progressing.
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We have provided £243k funding to support the development of 8 additional Business Improvement Districts in Wales.

Business Improvement Districts (BIDs) bring together businesses and other stakeholders in a defined geographical area, so they can develop projects and activities which will help boost the local economy.

The organisations in each of the proposed BID areas will vote on whether to pay an additional levy. If they vote yes, a new BID will be created and the levy will pay for its activities and projects.

All local authorities in Wales were asked to look at how a BID could make a difference to the local economy and then discuss their ideas with businesses and the wider community.

The following areas were successful in receiving support which enabled BID feasibility studies and Proposals to be developed: 

  • Bridgend
  • Caernarfon
  • Bangor
  • Llanelli
  • Pontypridd
  • Neath
  • Aberystwyth
  • Abergavenny
  • Pant & Merthyr Tydfil Industrial Estates
  • Colwyn Bay.

The funding was used to appoint consultants to help local partnerships develop BID proposals and support the process through to ballot. 

There are currently twelve BIDs in Wales covering areas in Swansea, Merthyr Tydfil, Newport, Bangor, Caernarfon, Colwyn Bay, Neath, Bridgend, Pontypridd, Aberystwyth, Cardiff and Llanelli.

The following successful BIDs have been supported by the Welsh Government:

Document Download

PDF Document (MFS)
Supporting Documentation (File size: 1.31MB)
PDF Document (MFS)
Handbook (File size: 511KB)
PDF Document (MFS)
Frequently asked questions (File size: 27.7KB)