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BIDding for a better future

Newry BID Project Manager recently hosted a week of workshops and consultations inviting local businesses to consult and contribute their ideas as to how they would spend a potential BID pot of money to improve the city centre.

A BID, or Business Improvement District to give it its full title, is an organisation elected into being by local businesses who will invest collectively into a fund that is ring-fenced for projects identified by the businesses. A not-for-profit BID company is established to develop the projects following a successful BID ballot – all eligible stakeholders will be invited to vote for a Newry BID in October.

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