The Newquay Business Improvement (BID) has been voted in for a second term following a successful renewal ballot.
67% of businesses voted in favour, meaning the BID will now deliver the priorities outlined in the new business plan for Newquay (2016-2021).The second term of the BID programme will begin on April 1.
Newquay BID manager, Eve Wooldridge, said: “The voting response that we have had has been really positive and it’s refreshing to see that more businesses have pledged their support for the BID for its second term, reinforcing to the BID board and team that we are supporting businesses and improving the trading environment.
“This ‘Yes’ vote means that we have secured an investment into Newquay of approximately £750k over the next five years, which we can allocate to new projects and use as a leverage for match funding.”
Rachel Craze, chair of Newquay BID, added: “I am absolutely delighted with the result of the BID ballot. Lots of hard work by many people, especially Eve and the BID team has gone into the business plan and its reassuring for us to see that all of the proactive businesses share our vision and have come together to make this happen.”