BID for the future

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 Wednesday, October 6, 2021 - 09:20

In 2018 the GFSB commissioned a study of Main Street and its surrounding area to ascertain if there was anything that could be done to help businesses. This was an important exercise to know where the high street was and where it could go. The Main Street Review highlighted a number of things that could be done to improve the whole area for both locals and tourists. The best mechanism for this type of change was with the forming of a Business Improvement District (BID) which have proved very successful in the UK and USA. 


The GFSB agreed that a BID would be a great way to move forward, to accomplish some of the findings/recommendations the Main St Review proposed, and spoke to Mosaic Partnership one of the UK's leading BID implementing firms. Once a budget and plan was put together, the GFSB approached Government to help fund it, which they did. This gave the project the momentum it needed to get started. The Government then later committed to matching pound for pound the contributions made by retail and leisure.

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