A Business Improvement District (BID) is a local, democratically elected organisation that focuses on delivering specific improvements needed by local business in a defined area. BIDs invest in and deliver projects to improve the local trading environment, drive down business costs and raise the area profile. BIDs are led and controlled by business; they are independent, not-for-profit organisations with ring-fenced resources and finances.
The projects are funded by raising finance, principally, through a levy. The levy is an investment by businesses into a BID pot of money apportioned according to business needs. Businesses direct spend and are given a voice to shape the BID. We encourage our BID members to focus on their sector, street and overall vision to improve Newry City.
The Newry BID levy has been set at 1.5% which is applied to the rateable value or NAV of the property.
A BID operates for five years. Throughout the term the BID is accountable to its levy-paying businesses and must demonstrate how it makes a difference.
After five years a re-ballot must be held to enable the BID to continue.
Eamonn Connolly
MANAGING DIRECTOR BID
Christine McElvanna
(Chairperson)
JMK Solicitors
Peter Murray
Buttercrane
Celine McKenna
Boots
Ciara Aiken
Best Property Services
Cathal Austin
The Quays
Tracy Rice
Southern Regional College
Carole King
Newry Omniplex
Patrick Murdock
Capsure Tax
Ryan Sheppard
Clanrye Lighting
Martin McEvoy
McEvoy's
David Og Downey
The Bank Bar
Brendan Jackson
Newry Credit Union
Louise Young
Canal Court Hotel
Tom Sarsfield
Tesco
Graeme Finegan
Finegan and Sons
Orla Hayes
Canal Court Hotel
Rory Murphy
Jack Murphy Jewellers
Eimear Cleland
landlord
