19/11/2013

NI Areas Urged To Take Part In BID Pilot Scheme

Social Development Minister Nelson McCausland is encouraging areas throughout Northern Ireland to apply to take part in a Business Improvement District (BID) pilot scheme.

The BID consortium, appointed to provide support and capacity building for the BID scheme, has now launched a process for areas to make expressions of interest in becoming a BID.

Speaking about the BID scheme, Minister McCausland said: "Becoming a BID enables Council and local traders to self manage and self fund improvement projects, which aim to tackle specific local issues such as attracting more visitors to the area.

"There are around 140 BIDs in the UK in towns and cities of all sizes, from small towns with one BID such as Clarkston or Giffnock in Scotland, right up to cities like Birmingham or London, both of which boast a number of BIDs.

"I would encourage all areas considering establishing a BID to take the time to register their interest in becoming one of the pilots. This is a valuable opportunity to receive extensive support from experienced practitioners who have overseen the establishment of successful BIDs in many other towns and cities in the UK."

(CD/JP)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

22 March 2024
Northern Ireland's Best Areas For Broadband Revealed
West Belfast has been named the Northern Ireland area with the best broadband, according to a new study. The experts at Getac – Rugged Computing Solutions analysed data from Ofcom Connected Nations 2023 to reveal the spots with the best broadband.
23 April 2015
SDLP To Invest In Neglected Areas Throughout NI
The SDLP is to invest in neglected areas throughout Northern Ireland to attract more investors. Mid Ulster Westminster candidate Cllr Malachy Quinn said the SDLP is aiming to rebalance the economy. He said: "I'm very proud that the SDLP's central pledge at this election is the creation of a Prosperity Process to build on the foundations of peace.
13 July 2004
Leisure products price rises boost inflation by 0.1%
UK inflation rose by 0.1% to 1.6% in June buoyed largely by prices on recreation and culture products, according to the Office of National Statistics (ONS).
25 July 2001
Belfast petrol prices are highest in UK
Northern Ireland motorists are currently paying more for their petrol than any other UK city. In a new report out on Tuesday by fleet and fuel management company ARVAL PHH, figures revealed that local drivers are currently paying an average of 80.2p per litre for unleaded petrol. While Belfast is the most expensive city, at 79.
23 July 2001
New name for employment and education department
Minister for Employment and Learning, Dr Sean Farren, has said he is delighted with the approval of his Department’s new name which recently came into effect.