Support aired for Stockport’s BID for a BID

As Stockport’s campaign gathers support, Imagine FM have aired the ambitions of Vision Stockport for a Business Improvement District in the town centre.

Following an event at Robinson’s Brewery Visitors’ Centre, BID consultant Giles Semper from the means, reported that 78% of those questioned said they thought BIDs were a good idea, with only 1% consciously opposed.

Speaking to Imagine FM, Marketing Stockport co-founder and board member of Vision Stockport Helen White, is encouraged by the success of neighbouring Altrincham who had a successful ballot and have now set up a BID company.

Hear the full interview with Helen on Imagine FM.

Through a successful BID, Vision Stockport wants to encourage the sharing of ideas and complementary initiatives that will support the development taking place and attract more people into the town, whether to work, live or visit, providing a greater choice, in a safe and secure place.

Innovative ideas have been put forward on how, following a successful ballot due to take place in October this year, efforts may be concentrated to address Transport & Accessibility; Anti-social behaviour; Marketing & Events and Improving the Mix – in particular widening the retail offer, and rebuilding the evening economy.

Helen told Imagine FM that it has been a struggle for businesses in towns and villages affected by out-of-town shopping centres and the draw of nearby cities: “I think Stockport’s retailers have been affected by the likes of the Trafford Centre and proximity to Manchester where there is a concentration of High Street retailers.

“A BID would enable us to invest in attracting independent retailers so that we can offer something different.”

“We are encouraged by the responses so far and we are optimistic for the future.

“We also have an online survey where people can become involved and have their say”.

The development of the Stockport Town Centre BID is being supported by Stockport Council.

There are over 200 successful BIDs in the UK, including at neighbouring Manchester City Centre as well as in Altrincham.

The BID programme is funded by a levy based upon the rateable value of a business property, usually 1-2%. Monies generated are used to fund projects over and above those provided by the council, as directed by the local business community.