BID Leicester

CMS helps secure a BID for Leicester

Supporting a strong Steering Group made up of more than 20 businesses across different sectors in Leicester city centre over the past year, CMS has successfully helped develop a Business Improvement District (BID) for Leicester.

Businesses in Leicester city centre voted in favour of establishing a Business Improvement District (BID) with 85% voting in favour by number, and 89% in favour by RV, representing an overall turnout of 40%. 

Until now, Leicester was the biggest city in UK to exist without an operating BID. They will now join the 280+ BIDs in the UK and will bring in £4.2million worth of investment into Leicester city centre. 

Commenting on the result, BID Leicester Co-chair and CEO of Curve, Chris Stafford said:

"I am delighted local businesses have come together and voted a firm yes in favour of a BID for Leicester City Centre. We know the impact BIDs have had up and down the county and additional investment of over £4.2m into our city centre- managed by businesses- will make a significant contribution in making our great city even better. I would like to thank the BID Steering Group of 23 individuals from across all sectors who have worked tirelessly over the last 12 months in developing and securing a BID for Leicester."

The core BID priorities will focus on:

  • Improving the overall visitor and resident experience
  • More effective marketing to drive footfall and sales 
  • Providing businesses with a strong voice, support and engagement

BID Leicester Co-Chair and Director of Strategic and International Partnerships at De Montfort University, Sarah Thomson said:

"Leicester is on an upward trajectory at the moment which is obvious to everyone who lives and works in this wonderful city. Business have been looking for a way to come together and work collaboratively to maximise their impact on Leicester and to implement positive initiatives that will continue this development of the city. I am absolutely delighted that we have voted to introduce a BID in Leicester, it is exactly the right time for Leicester and I cannot wait to see what happens next!"

Commenting on the result, Associate Director of CMS, Lee Walker said:

"Supporting Leicester has been a real pleasure. The work of the on-the-ground team, supported by CMS and a Steering Group with clear direction has deservedly delivered this clear mandate which now allows the BID to deliver some fantastic projects over the next five years."

BID Leicester will run from 2018 - 2023. Click here to find out more information about the BID.

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