Canterbury’s BID is a democratically elected organisation, with a voluntary (elected) Board of Directors who represent the city’s businesses. It was voted for by the businesses of Canterbury on 18th July 2014 for a five year term, to ensure continued investment in the city centre. The BID’s mission is to help make Canterbury a vibrant, exciting, well connected and successful business community; and to make it a better place to work, live, visit, study and invest.
Under Government legislation we are now approaching the end of our first five-year term, and therefore to continue beyond September 2019 we need to run a ballot in June and July next year.
Your BID has invested nearly £600,000 annually over the past four years through your investment plus an additional 20% on top of that which we bring in through voluntary and commercial income. We will invest nearly three million by September 2019. This investment is based on a business plan that you voted on in July 2014 (if you were here at the time). If you are new to Canterbury, you can take part in the process this time around to develop a new business plan for the future. Nationally, there are now 300 BIDs in the UK, investing over £130m across their areas.
We began consultation on the future of your BID at a conference at The Westgate Hall on 27 September 2018. Click here to see the results of the event – a great snap shot of the room’s opinions.
Formal consultation took place throughout the month of October and we are now collating and analysing the feedback from the surveys you submitted. You can still download the Consultation Document and contact the BID Board, Executive Team or your BID Ambassador anytime.
To find out more about how BIDs work, see our Frequently Asked Questions – this is a live document, so if you have a question that isn’t answered here, please ask!