Camborne businesses have voted ‘yes’ to a third five-year term as a Business Improvement District (BID) with a strong mandate from their business community.
At 77% of votes cast, the ‘yes’ result was 20% higher than in the second term, demonstrating the big difference BID has made to the town through schemes like Project A-Void which offers non-repayable grants of up to £5,000 for business owners to renovate and refurbish their premises.
“The yes vote is fantastic news for Camborne and shows how vital a role BID plays in supporting local businesses and boosting our economy,” said Sharron Lipscombe-Manley, Chair of BID Camborne.
“As a lead player in Camborne’s successful Town Deal bid, we have helped secure £23.7 million of capital investment – one of the highest awards in the UK. During the past five years we have also worked hard on a range of improvements that have not only benefited our community but made our town a reliable destination to shop, eat, do business and enjoy.
“Today’s result is a real endorsement of our efforts and we are looking forward to building on our achievements and continuing to go from strength to strength.”
Beginning on 1 April 2022, the BID’s new five-year term will generate around £107K annually to be spent on delivering projects and services in Camborne, as outlined in the BID Camborne business plan. The plan’s four key themes are Special Events and Innovative Ideas, Marketing and Promotion, Supporting Businesses and Flying the Flag for Camborne Town.
“In the last ten years, events like the Man Engine, Christmas and the Tour of Britain have made Camborne the place to go,” said BID Manager Anna Pascoe. “We have also invested a lot of time and effort in online and offline promotion that increases awareness of what the town has to offer and drives visitor footfall.
“Exciting plans are in place for BID’s next five years and, with this mandate, we’ll now focus on bringing them to fruition.”
Set up in 2012, BID Camborne is a not-for-profit company, limited by guarantee. Its board of directors is made up of local business people.
For more information, visit www.cambornetown.com or @cambornetown on Facebook, Instagram and Twitter.