Businesses in Newport City Centre voted to establish a Business Improvement District (BID) to enhance their trading environment in December 2014.
The official start date for the BID was 1st April 2015 and we have been busy making arrangements so that we can start to deliver a range of projects and make a positive impact on the city centre.
Since setting up in April, we have been working hard behind the scenes to prepare and develop our first year’s programme of services and improvements. Led by the board, three ‘Theme Groups’ – Future Newport (city centre strategy & business support) Safe & Secure Newport (improving the city centre experience), Welcome to Newport (marketing and events) – have been established, tasked with implementing each of the key programme area. If you would like to get involved please get in touch.
The Newport Now BID will primarily be funded by eligible businesses through the BID levy – set at 1.25% of the rateable value of eligible properties. The levy will be billed in one instalment each year. It is also our intention to attract further funding from other sources, to supplement the BID levy.
t: 01633 546 364 (Many or James)